Thursday, December 22, 2005

Intelliden Raises $11M

Colorado Springs-based Intelliden has raised $11M in a financing round, the company said yesterday. The funding came from Matrix Partners and existing investors 3i, Granite Global, TELUS Ventures, and Westbury Partners. Intelliden provides network automation and management software that provides automated network configuration. The company said that it will use the capital to support customer growth. The company recently announced a Belfast Ireland research and development center and counts British Telecom, Telecom Italia, and TELUS as European customers.