Passport Systems Books $7.4 Million

11/26/07

Passport Systems, the Acton, MA-based maker of cargo screening systems profiled here in September, has closed on about $7.4 million of an anticipated $10 million funding round led by angel investors and two local venture funds, according to company COO Bill McLendon. PE Week Wire first reported the milestone this morning.

Wade Roush is a contributing editor at Xconomy. Follow @

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