Xkoto Raises $3 Million More

Wade Roush1/26/09

Waltham, MA-based Xkoto, a database virtualization company that relocated from Ontario, Canada, to Massachusetts in 2007, announced today that it has raised $3 million from existing investors GrandBanks Capital and GrowthWorks Canadian Fund. The infusion brings the four-year-old company’s total venture pot to $13 million. Xkoto was named InformationWeek’s “Startup of the Year” in 2008 and reports a major expansion in its customer base and revenue for the year.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @