mFormation extends Series D financing to $24.5M with addition of $15.3M funding.

"mFormation Technologies Inc... announced the close of a $15.3M financing to extend the Series D round to $24.5M. This brings the total investment in the company to about $50 million. Existing investors Alex Brown Venture Partners, Battery Ventures, Carmel Ventures, Intel Capital and North Bridge Venture Partners participated in the financing. "