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StorageNetworks Raises $103 Million in Strategic Third-Round Funding

WALTHAM, Mass.-- StorageNetworks Inc., a storage services provider, completed a third round of funding totaling $103 million. This brings the company's total funding to $205 million since its incorporation in August 1998. Lead investors Dell Computer Corp. (NASDAQ: DELL) and Global Crossing Ltd. (NASDAQ: GBLX) are equal participants in this round. Secures $30 Million in Funding