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Oree Obtains $4 Million Venture Debt Funding

Wednesday, November 26, 2008 5:56:00 AM PDT | VentureDeal Staff

Ramat Gan, Israel  --  Components company Oree has secured $4 million in a new round of venture debt financing.

Oree is developing what it calls a "flat optic fiber that may lead to low energy, low cost, thin, flexible screens."

Silicon Valley Bank and Kreos Capital made the debt funding. The company did not disclose how it would use the financing proceeds.

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