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Lagan Closes Venture Debt Round Of $10 Million

Wednesday, April 23, 2008 5:56:00 AM PDT | VentureDeal Staff

BETHESDA, MD -- Government software company Lagan has raised $10 million in venture debt financing, according to a press release.

The company provides enterprise case management (ECM) solutions to government agencies involved in customer relationship management, 311 non-emergency call centers and human services.

Lagan is headquartered in London and says that more than 160 government agencies on five continents use its software and services.  BlueCrest Capital Finance, L.P. provided the venture debt funding.

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