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Cloud Engines Revs Up With $3 Million Venture Capital

Monday, December 14, 2009 5:32:00 AM PDT | VentureDeal Staff

San Francisco, California  --  Digital media company Cloud Engines has secured $3 million in a new round of institutional venture capital financing.

Cloud Engines says that it is using open source programming to change the way that personal content is stored and distributed over the Internet.

The Foundry Group made the investment.  The company did not disclose how the funding proceeds would be used.

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