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Covelight Lands $4.1M in Bridge Financing

Monday, January 01, 2007 9:00:00 AM PDT | VentureDeal Staff

CARY, NC --  Covelight Systems has received another $4.1 million in bridge financing, according to a report in the Business Journal.

The company develops fraud detection and privacy protection software for the online world.

It received the funding from its current roster of investors, and says it intends to use the proceeds to expand the market for its products.  The company employs 20 people.

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