deals, VC, software as a service

Venrock Leads $10M Aria B Round

Wade Roush 12/9/08

Cambridge, MA-based venture firm Venrock is the lead investor in a $10 million Series B funding round just completed by Aria Systems, a Media, PA-based provider of Web-based billing services, the startup announced yesterday. Existing investors Hummer Winblad Venture Partners and Dave Labuda joined the round, and Venrock managing general partner Ray Rothrock will join Aria’s board.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.