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Abiquo Adds $10 Million Second VC Round

Wednesday, December 01, 2010 5:34:00 AM PDT | VentureDeal Staff

   Redwood City, California  --  IT company Abiquo has garnered $10 million in its second round of institutional venture capital financing.

Abiquo uses an open-source model to develop cloud infrastructure management systems.

European venture capital firm Balderton led the round, which also included Nauta Capital and others.

The company said it would use the financing to expand its sales and marketing efforts.

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