rPath Inc. Secured $7 Million

rPath Inc. secured $7 million in financing, according to a SEC filing dated Oct. 21. The funds came from four accredited investors, and the minimum investment was $69,835. rPath is a Raleigh, N.C.-based provider of a platform for creating and maintaining software applications. It is backed by General Catalyst Partners, North Bridge Venture Partners and the Wakefield Group. http://www.rpath.com

22 October 2010•1 min read
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