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After second round of funding, in the money

Austin, Texas-based Inc. has closed a $40 million second-round of venture capital funding. The second round of funding saw the return of SiteStuff's first-round venture backers, including Sevin Rosen Funds and Centerpoint Ventures, with a total of $5 million. Octane, a partnership between CB Richard Ellis, Jones Lang LaSalle and Trammell Crow, committed $30 million. An online procurement site, secured the balance of the second-round funding through debt financing from Imperial Bank and Comdisco Inc.

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