Xconomy Boston

Liquid Machines Closes $10 Million Financing

Robert Buderi2/5/08

Liquid Machines of Waltham, MA, a provider of enterprise rights management solutions focused on protecting intellectual property and other sensitive information, closed a $10 million Series D funding round, the company has announced. The financing was led by RRE Ventures. Return backers included Goldman, Sachs & Co., Atlas Venture, Draper Fisher Jurvetson, and Masthead Ventures. Liquid Machines was co-founded in 2001 by Michael D. Smith, who is now dean of the Faculty of Arts and Sciences at Harvard University.

Bob is Xconomy's founder and editor in chief. You can e-mail him at bbuderi@xconomy.com, call him at 617.500.5926, or follow him on Twitter at http://twitter.com/bbuderi.

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