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Halfpenny Tech Raises Growth Venture Capital

Monday, October 11, 2010 5:57:00 AM PDT | VentureDeal Staff
Blue Bell, Pennsylvania  --  IT company Halfpenny Technologies has landed $2.6 million in new venture capital funding.

Halfpenny provides IT solutions that help laboratory, pathology and physicians medical record systems interoperate better.

Osage Ventures and Milestone Venture Partners led the round, which also included LORE Associates. The company said it would use the financing proceeds to meet increasing demand for its products.

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