Mass High TechThe good news out of Beverly’s Groove Networks is that it closed a fifth round of funding Wednesday, with $38 million in new investments from Microsoft, Intel, Accel and private investors. The bad news is that 58 Groove employees were handed pink slips.

Comment: Good news for some, bad news for others. Signs points favorably to success for Groove, I just keep on realising how much collaboration across business boundaries is the cards (yeah I know, talk about stating the obvious). The drawback of Groove in my mind is to have to use the whole workspace and all. Wouldn't be better to enable collaboration in applications themselves, at the file system level, or at the document level?