Deals

Brilliant, a network server technology co., raises $7.1M

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Brilliant Telecommunications, a Campbell, Calif. developer of “Network Timing Protocol” (NTP) server technology, said it has secured $7.1 million in a first round of funding led by ONSET Ventures.

Also investing were Asset Management, Draper Associates, Draper Richards, and Intellect Capital Ventures. Susan Mason, ONSET Management general partner, and Richard Simoni, Asset Management partner, joined the company’s board. Brilliant initially closed the round in June 2006, and had a subsequent closing in December 2006, the company said.