The Hindu Business Line : Cendura secures $8 m in Series B round of funding

CENDURA Corporation, an application management solutions provider, has completed its Series B round of financing securing $8 million (about Rs 36 crore).

The round was led by venture capital firm NeoCarta.

To date, the company has raised a total of $16 million.

New Enterprise Associates, Crosslink Capital and Silicon Valley Bank, which funded Cendura's Series A round, also participated in the latest round of funding.

Ms Peg Jackson, Managing Director of NeoCarta's New York office, has joined Cendura's board of directors.

Currently a director of DataSynapse, MediaOcean, Myrio and Silverpop, she manages NeoCarta's investment in PRN, an entertainment and advertising network for direct retail.

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