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6fusion Raises $3 Million In Series A VC Round

Wednesday, August 25, 2010 5:54:00 AM PDT | VentureDeal Staff

Research Triangle Park, North Carolina  --  IT company 6fusion has secured $3 million in its first round of institutional venture capital investment.

6fusion as "developed an algorithm that radically simplifies the metering, consumption and billing of compute resources."

Intersouth Partners made the investment. The company said it would use the financing proceeds to expand its research and development efforts.

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