Wednesday, May 21, 2008

UpdateLogic Raises Third Round of Financing - Southborough, MA

UpdateLogic, a Southborough-based provider of software services for digital television devices, announced that it has secured its third round of funding. The round was led by Core Capital Partners. The amount of the round was not disclosed. UpdateLogic provides software services to consumer electronics manufacturers. UpdateLogic’s platform automatically distributes software updates and other data to digital devices. The company also announced that it has significantly expanded its technology and licensing relationship with National Datacast, a commercial subsidiary of the Public Broadcasting Service.


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