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PentaSafe gets $27 million

Published on .

PentaSafe Inc. has received $27 million in venture capital financing from Lehman Brothers Holdings Inc., Dell Ventures and Austin Ventures. PentaSafe, which develops e-security software, will use the funding to pay for its previously announced acquisition of BrainTree Security Software. It is one of the largest venture capital investments in a Houston-based start-up this year; most VC investing in that state goes to Austin-based dot-coms.
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