Gryphon Networks Adds $7 Million

1/14/10

Gryphon Networks, a Norwood, MA, telecommunications and marketing services company, raised $7 million in a Series C venture funding round, according to an SEC filing. The funds come from Waltham, MA-based Symmetric Capital and include a combination of cash and stock from Gryphon’s Series A and Series B rounds, says Gryphon CFO Eric Bornhofft. The company did not disclose what portion of the $7 million was cash. The company uses the Software as a Service model to deliver contact governance, compliance and contact management solutions.

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