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Managed Objects Secures Venture Debt

Managed Objects, a McLean, Va.-based provider of IT system management software, has received a $7.5 million senior secured credit facility from ORIX Venture Finance. The deal consists of a $5 million senior secured term loan and a $2.5 million revolving loan. Managed Objects previously raised around $45 million in VC funding from firms like JMI Equity, Fidelity Ventures, Intel Capital, FT Ventures and Lazard Technology Partners.