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Alfresco Raises $45M

Enterprise content management provider Alfresco Software has raised $45 million in funding. The investment was led by Sageview Capital. Existing investors Accel Partners, Mayfield Fund, and SAP Ventures also participated in the round. The investment brings the company’s total funding to date to $65.4 million. Ned Gilhuly, founding partner at Sageview joins Alfresco’s board; along with Jeff Klemens, principal at Sageview who joins as observer.

[Image courtesy: Alfresco]

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