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Aravo Solutions Finds Strategic Financing

Friday, December 04, 2009 5:53:00 AM PDT | VentureDeal Staff

San Francisco, California  --  IT company Aravo Solutions has raised $27 million in its fourth round of venture capital funding.

Aravo provide software that assists large and medium-sized enterprises and exerting greater control and visibility over their supply management business processes.

Cisco Systems was the lead investor in the round, which also included other undisclosed investors.  The company said the funding would be used to develop new products and expanded sales and marketing capacity.

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