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Compliance11 Raises $6 Million VC Funding

Wednesday, February 10, 2010 5:50:00 AM PDT | VentureDeal Staff

Chicago, Illinois  --  Software developer Compliance11 has garnered $6 million in its second round of venture capital funding.

Compliance11 sells on-demand compliance software automation tools to the financial services industry enabling organizations to reduce their regulatory compliance spend.

Talon Asset Management and other undisclosed investors made the investment.  The company said it would use the funding to accelerate its growth.

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