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Celtra Lands $5 Million VC Funding

Wednesday, January 26, 2011 5:31:00 AM PDT | VentureDeal Staff

   Cambridge, Massachusetts  --  Mobile software company Celtra has secured $5 million in its first round of institutional venture capital investment.

Celtra is developing mobile software applications that enable brands and marketing agencies to take advantage of online social activities.

Grand Banks Capital and Fairhaven Capital made the investment. The company said it would use the funding to accelerate delivery of its advertising platform.

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