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Veronica Rosso

Funambol Raises $12.5 Million

The company raised $12.5million in a series B financing led by Nexit Ventures. Castile Ventures and existing investors Walden International and H.I.G Ventures also participated.
The company is also in the process of raising another $2 million in venture debt to bring the total capital raised to $25 million.
Read the whole article here.

Tags: financing, funambol

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