Intel Capital leads $20 mln funding of big data provider WebAction

Palo Alto, Calif.-based WebAction, a provider of a data integration platform, has raised $20 million in Series B round of funding led by Intel Capital. Joining the round are existing investors Summit Partners, Panorama Point Partners, as well as individuals Frank Caufield and Regis McKenna. As part of the funding, Igor Taber, investment director at Intel Capital, has joined the board. The company previously raised an $11 million Series A round led by Summit.

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