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Developer of automated SOA governance software, WebLayers Inc. raised $3 million in its fourth round of funding. The funding was led by Ascent Venture Partners, Cedar Fund, and Veritas Venture Partners. Also, Jeff Papows was hired as president and CEO of WebLayers. Geoff Oblak, general partner at Ascent Venture Partners stated:

Jeff has a phenomenal track record of success in building emerging technology companies into established market leaders. He has the ideal experience and skill set to accelerate WebLayers’ success.