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Cloud Engines Raises $15 Million New Venture Capital

Wednesday, December 22, 2010 5:51:00 AM PDT | VentureDeal Staff
   San Francisco, California  --  Storage technology company Cloud Engines has secured $15 million in new venture capital investment.

Cloud Engines has created what it calls the Pogoplug, a device that allows users to store their information and retrieve it anywhere in the world.

Investors in the round included Morgan Stanley and SoftBank Capital.

The company said it would use the additional financing to expand its global distribution initiatives.

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