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Averail Secures $6 Million VC Funding Round

Thursday, March 22, 2012 5:54:00 AM PDT | VentureDeal Staff

  Menlo Park, California  --   Mobile technology company Averail has received $6 million in series A round of institutional venture capital investment.

Averail is developing new technologies to enhance content management for mobile devices.

Foundation Capital and Storm Ventures led the round, which included other investors.

The company said it would use the financing to focus on product development and hiring additional key employees.

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