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Simparel Clears $4 Million Venture Capital Financing

Tuesday, June 24, 2008 6:05:00 AM PDT | VentureDeal Staff

NEW YORK, NY -- Software company Simparel announced that it has secured $4 million in a new round of funding.

Simparel has created what it calls a "new generation of ERP solutions with numerous advantages over traditional software systems."

L Capital Partners was the sole investor in the round.  The company said it would use the proceeds to accelerate its product development and for additional sales and marketing.

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