Sepaton Raises $22 Million

Sepaton Inc., a Marlborough, Mass.�based provider of data protection solutions, has raised $22 million in Series E funding. HarbourVest Partners led the deal, and was joined by return backers JVP, Menlo Ventures and Valhalla Partners. The company has raised around $90 million in total VC funding since its 1999 inception as SANGate Systems.