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Exelate Accepts $15 Million Series B Venture Capital

Wednesday, August 04, 2010 5:57:00 AM PDT | VentureDeal Staff

New York, New York  --  Internet-based data management company Exelate has received $15 million in its second round of institutional venture capital financing.

Exelate provides user behavioral targeting data for online networks and retailers.

Menlo Ventures led the round, which also included Carmel Ventures. The company said it would use the funding proceeds to expand the functionality of its data management toolset.

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