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SAManage Sees First Round VC Investment

Friday, January 23, 2009 5:58:00 AM PDT | VentureDeal Staff

Redmond, Washington  --  Software company SAManage has raised an undisclosed amount in its series A round of venture capital financing.

SAManage provides IT asset management and audit services for companies in the SMB and enterprise markets.

Xenia Ventures was the lead investor in the round, which included other undisclosed investors. The company said it would use the funding to support its growth and development initiatives.

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