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Terraliance Closes Venture Capital Funding Round

Wednesday, May 20, 2009 5:51:00 AM PDT | VentureDeal Staff

Newport Beach, California  --  Energy exploration company Terraliance has secured a new round of venture capital funds.

Terraliance has developed aircraft-based remote sensing platforms to improve energy exploration success.

Investors in the round included Kleiner Perkins Caufield & Byers, DAG Ventures, Passport Capital and other undisclosed investors. The company did not say how the funding proceeds would be used.

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