Updata Partners tops off Bradford Network's warchest with another $8 million, based upon past performance with their last infusion from Windspeed Ventures of $2.8 million back in August of 2006. Windspeed joined in this round as well, which is interesting considering the way the NAC market has been going lately (many seem to still be sweating the MSFT play).
According to the official press release , Bradford intends to use the funds to expand outside of their .edu beachead and explore commerical markets domestically and in Europe.
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