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Tizor Raises $8.3 Million

Tizor Systems, a Maynard, MA-based provider of data auditing and protection solutions for enterprise data centers, announced today that it has closed an $8.3 million third round of financing. Longworth Venture Partners led the round, which included Masthead Venture Partners, Hummer Winblad Venture Partners, Navigator Technology Ventures, and CommonAngels (which led Xconomy’s Series A round last August). The company said it would use the funds to develop future product capabilities accelerate growth.

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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D Lars
2/24/09 8:25 am

Looks like this money lasted 1 year for Tizor.

With a lack of sales or growth of any kind Tizor is now forced to liquidate the company soon.