IT, deals, IPO

GlassHouse Raises $9.8M in Series F Round

Ryan McBride 12/4/08

GlassHouse Technologies, a Framingham, MA-based provider of data center management and Internet-based data backup services, has raised $9.8 million in a Series F financing round led by Cisco Systems, PE Hub reports. GlassHouse, which we included in our list of tech companies with “aging” bids for initial public offerings, has been in registration for a $100 million IPO since December 2007.

Ryan McBride is Xconomy's correspondent. You can reach him at rmcbride@xconomy.com, or follow him on Twitter at http://twitter.com/Ryan_McBride.