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ShotSpotter Secures Late Stage Venture Capital

Friday, June 17, 2011 5:57:00 AM PDT | VentureDeal Staff

   Mountain View, California  --  Law enforcement technology company ShotSpotter has landed $10.5 million in new equity and debt financing, according to a company statement.

ShotSpotter has developed gunshot location detection technologies that assist law enforcement and military detecting in responding to gunfire in real-time.

All existing institutional investors participated in the financing, which will be used to transform its equipment-sale business model into a service-based business.

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