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Jun. 25, 2002
REDWOOD CITY BUSINESS RUNS ON SECOND ROUND
CenterRun Inc. secured $12 million in its second round of funding. The deal was announced June 11. Crosslink Capital led the round, with Needham Capital Partners and Sequoia Capital also participating.
Crosslink Capital led the round, with Needham Capital Partners and Sequoia Capital also participating.
Redwood City's CenterRun produces and sells software that keeps track of Web applications for large businesses. CenterRun starts all applications from one place and keeps an in-depth history of each application, including who has installed it. All of this reduces the risk of error by individual employees.
Associates Caine Moss and Kerry Connell of Palo Alto's Wilson Sonsini Goodrich & Rosati represented CenterRun.
San Francisco's Brobeck Phleger & Harrison represented the investors. Palo Alto partner Curtis Mo and associate Richard McCarthy handled the deal.
Stefanie Knapp
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