Xenon Arc Closes $15 Million Financing

Xenon Arc has raised $15 million in growth capital from private equity firm Weston Presidio. As a result of the round, Weston Presidio’s Sean Honey, Josh McDowell and David Ferguson will join the company’s board. Formed in September, Xenon Arc provides business process producer for industrial producers. Xenon Arc is based in Bellevue, Wash. Weston Presidio has offices in Boston and San Francisco.

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