Repeat investors include JVP, TLCom Capital Partners, Vision Capital, Gemini Israel and Banc of America Capital Partners.

Globes correspondent

Web hosting software provider Sphera Corporation today announced that it has secured $4 million in Series D financing.

The five repeat investors to finance the round were venture capital firms Jerusalem Venture Partners (JVP), TLcom Capital Partners, Vision Capital, Gemini Israel Funds and Banc of America Capital Partners, To date, Sphera has raised over $40 million in venture capital funding since its inception in 1999.

Sphera said it will utilize the capital to support and build its infrastructure in high-potential markets, strengthen its technology portfolio, increase sales and marketing initiatives, and increase support for its global customers.

"Sphera has performed in accordance with, and in some areas exceeded our expectations to date, a formidable achievement in today's market," says Edward J. McCaffrey, chief investment officer of Banc of America Capital Partners. "We are extremely confident that the Sphera team will become a dominant provider and will continue to achieve success and grow in the data center automation and provisioning space."

Sphera is headquartered in Boston, with offices in Denver, London, Tokyo, and Tel Aviv.