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BoxTone Nets Series B Venture Capital Investment

Thursday, August 05, 2010 5:17:00 AM PDT | VentureDeal Staff

Columbia, Maryland  --  Software technology company BoxTone has garnered $7.5 million in its second round of venture capital investment.

BoxTone has created what it calls a Mobile Service Management solution for enterprises and government agencies to optimize their mobile usage and performance.

Lazard Technology Partners made the investment, which the company said will "fuel the company's product development activities and corporate expansion."

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