Rho Canada Ventures joins $4.5 mln follow-on funding of Tesora

Tesora, a U.S. cloud database-as-a-service platform, has raised US$4.5 million in funding. The follow-on round, which brings the company's total financing to US$13.2 million, included new investor Rho Canada Ventures, the Canadian affiliate of Rho Capital Partners. It was joined by existing investors General Catalyst Partners, CommonAngels Ventures, Point Judith Capital and angel investors. With the deal's closing, Rho Canada Partner Sean Brownlee joined Tesora's board of directors. The Cambridge, Massachusetts-based company was founded by CEO Ken Rugg and CTO Amrith Kumar in 2010.

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