Dataupia raises $16 million

Dataupia Corp. said today it has secured $16 million in Series B financing.

The Cambridge company architects specialized software and industry-standard hardware into a cost effective and intelligent appliance that amplifies an organization's existing information systems.

The round was led by Fairhaven Capital Partners of Boston, said Dataupia, which added that it will use the new funding to fund future product enhancements and to expand support services.
(By Chris Reidy, Globe staff)