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PHX Nabs $4 Million Venture Capital Financing

Monday, September 27, 2010 5:55:00 AM PDT | VentureDeal Staff

Bedminster, New Jersey  --  Software development company PHX said that it has raised $4 million in new venture capital investment.

PHX sells software that combines claim processing automation with professional services.

The Edison Venture Fund made the investment, which will be used to expand sales, marketing as well as provide for existing shareholder liquidity.

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