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Synchronica Raises $3.7 Million In Share Placement

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Mobile email and synchronization solutions provider Synchronica has raised 1.857 million pounds (US$3.723 million) in funds through a placing of new ordinary shares with Lanstead Capital. The funds will be used for continued development and accelerated commercialization of the company’s Mobile Gateway product that will add growth in its core mobile email business. (release)

Jan 16, 2008 5:36 PM ET

Posted In: Money, M&A & Venture Capital

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