First Coverage, a Toronto provider of Web-based financial information management solutions with U.S. headquarters in Boston, has raised $9 million in Series B funding, the company announced today. Waltham, MA-based Commonwealth Capital Ventures led the round, joined by return investors GrandBanks Capital of Boston and Toronto-based JLA Ventures.

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

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