Tizor Raises $8.3 Million

Tizor Systems, a Maynard, MA-based provider of data auditing and protection solutions for enterprise data centers, announced today that it has closed an $8.3 million third round of financing. Longworth Venture Partners led the round, which included Masthead Venture Partners, Hummer Winblad Venture Partners, Navigator Technology Ventures, and CommonAngels (which led Xconomy’s Series A round last August). The company said it would use the funds to develop future product capabilities accelerate growth.

Bob is Xconomy's founder and chairman. You can email him at bbuderi@xconomy.com. Follow @bbuderi

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One response to “Tizor Raises $8.3 Million”

  1. D Lars says:

    Looks like this money lasted 1 year for Tizor.

    With a lack of sales or growth of any kind Tizor is now forced to liquidate the company soon.