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Copan Systems secures new financing

Published February 17, 2009 at 10:42 a.m.
Updated February 17, 2009 at 10:42 a.m.

Data-storage company Copan Systems said it secured $18.5 million in new capital financing.

Westbury Partners led the round of funding. Other investors include Austin Ventures, Globespan Capital Partners, Firstmark Capital and Credit Suisse.

Longmont-based Copan Systems said the money will be used to boost product development, sales, and marketing.

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