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WESTBOROUGH--Like other tech startups working in uncertain times, Top Layer Networks Inc. needed some more cash to see the company through to profitability.
Unlike more and more of its counterparts, Top Layer got the money.
The 4-year-old Westborough company, which develops network security technology, took in $8.3 million in a new round of funding. The investment--which was the fifth round in Top Layer--raised its total funding to $66 million.
"The objective of this round was to get to cash-flow positive," said Bruce Cohen, CEO of Top Layer.
If the company is successful in turning that corner, it will look to make a public stock offering. …