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XIFIN Buys PathCentral

socalTECH

According to XIFIN, it acquired the product and service assets and related intellectual property of PathCentral in the deal. PathCentral had been venture backed by Arboretum Ventures, Baird Venture Partners, and Okapi Venture Capital. XIFIN''s investors include Boulder Ventures, Enterprise Partners, and Windward Ventures.

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ParAccel Raises $22M

socalTECH

San Diego- and Cupertino-based ParAccel , a developer of software for massively parallel databases used for data warehousing analytics, announced today that it has raised $22M in a venture capital round. ParAccel said the funding will go towards product development, sales and marketing, and to ramp up services and support.