Wednesday, January 27, 2016 5:02:00 AM PDT | VentureDeal
Portland, Oregon -- IT company Cedexis has received $22.75 million in venture capital equity and debt investment.
Cedexis has developed a range of cloud services such as videostreaming and load balancing capabilities. Ginko Ventures led the round which included numerous previous investors. The company said it would use the proceeds to increase its investments in engineering, marketing and sales. CEO Scott Grout has been with the firm since April 2014.
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