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Copan Raises Series D

Copan Systems, a Longmont, Colo.-based provider of persistent data storage solutions, has raised $32.4 million in Series D funding. Battery Ventures led the deal, and was joined by return backers Austin Ventures, Globespan Capital Partners, Pequot Ventures, Credit Suisse, Gold Hill Capital, Presidio STX and NTT Leasing Capital (USA). Copan has raised over $83 million in total VC funding since late 2002. www.copansys.com