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Insitu Locates Series D Financing Round

Friday, December 7, 2007 5:30:00 AM PDT | VentureDeal Staff
BINGEN, WA -- Aerospace company Insitu, Inc. has received $25 million in series D round venture capital financing, according to PE Hub.

Insitu designs and produces unmanned aircraft systems, including advanced integrated command and control tools for intelligence, surveillance and reconnaissance operations.

Investors included Second Avenue Partners and Battery Ventures.  Proceeds purposes were not disclosed by the company.

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