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NeoSaej Closes $7 Million Venture Capital Funding

Tuesday, July 15, 2008 5:41:00 AM PDT | VentureDeal Staff

Burlington, Massachusetts -- Software company NeoSaej Corp. has raised $7 million in new funding from a syndicate of venture capital firms.

The company is developing e-commerce software that streamlines current inefficiencies in online marketplaces.

Stata Venture Partners invested in the round, which included other undisclosed venture capital firms. The company said it plans to use the funds to develop new auction marketplaces.

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