SilverStream Software Inc, web application building environment start-up that just launched its initial SilverStream product (CI No 3,288), has completed more than $15m in equity financing through a mix of internal and external investors. The investment is the company’s third round of financing and is in addition to an $8m round the company completed earlier this year. SilverStream will use the $23m it has raised this year to support and expand its sales and distribution channels, as well as enhancing its Web Application Platform.
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