ByAllAccounts Raises $5 Million in First Round - Woburn, MA

ByAllAccounts, a Woburn-based provider of data for investment management and advisory firms, has raised $5 million in its first round of venture capital, led by Commonwealth Capital Ventures. Founded in 1999, ByAllAccounts provides access to financial account data from thousands of custodians and supports account reconciliation, performance analysis and consolidated reporting. The company said that it plans to use the funding to further support sales, marketing and product development initiatives.

http://www.byallaccounts.com