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Social Solutions Finds Series B Venture Financing

Monday, February 23, 2009 5:55:00 AM PDT | VentureDeal Staff
Baltimore, Maryland  --  Software company Social Solutions has secured $6.5 million in its second round of institutional venture capital.

Social Solutions has developed what it calls "efforts to outcomes" software that helps nonprofit organizations relate their initiatives to the results of those initiatives.

Frontier Capital led the round, which also included WWC Capital and Idea Fund Partners. The company did not disclose how it would use the funding proceeds.

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