Deal Announcements

Envio Networks Clears New Venture Capital Financing

Friday, May 30, 2008 6:09:00 AM PDT | VentureDeal Staff

Andover, Massachusetts -- Wireless company Envio Networks has raised $10 million in its second round of institutional venture capital funding.

The company is still in stealth mode, however, it says it is “delivering a product that defines a new category of mobile application, bringing content to subscribers in new and innovative ways.”

Matrix Partners and North Bridge Venture Partners invested in the round.  Proceeds purposes were not disclosed.

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