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Altela Secures $10 Million Venture Capital Funding

Thursday, March 28, 2013 5:35:00 AM PDT | VentureDeal

Albuquerque, New Mexico  --  Clean technology company Altela has raised $10.3 million in new venture capital equity financing, according to an SEC regulatory filing.

Altela has developed technologies to create pure water from highly desalinated or contaminated water sources.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

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