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Certeon Secures $15M

Certeon Inc., a Burlington, Mass.-based provider of communications components for enterprises, has raised $15 million in a Series B funding. RRE Ventures led the round and was joined by Sigma Partners, Globespan Capital, Dow Employees' Pension Plan and Union Carbide Employees' Pension Plan. RRE Ventures General Partner Richard McGinn, former chairman and CEO of Lucent Technologies, has joined the Certeon board.