Monday, October 13, 2008

Twofish Raises $4.5M

Palo Alto-based Twofish said Friday that it has raised $4.5M in a second round of funding, from Triplepoint Capital, Rustic Canyon, and Venrock. The firm said it will use the funding to build out its product, Twofish Elements, which the firm says is an "economic infrastructure" providing banking, inventory and commerce systems for online entertainment companies. More information »