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BVI Networks Closes Series B Venture Capital Round

Thursday, August 11, 2011 5:17:00 AM PDT | VentureDeal Staff
   San Jose, California -- Software technology company BVI Networks has received $8 million in its second round of institutional venture capital funding.

BVI provides a product suite that enables retailers to utilize video and analytics to optimize store operations.

August Capital led the round, which included other undisclosed investors. The company said it would use the financing for further product development.

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