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Spate Of New Funding Hits The Valley

By Alex Wilhelm on August 18, 2009

It is a good day to be an entrepreneur, funding is rolling in right and left. Traditionally August is a slow month for investors, meaning the deal flow is usually quite low. Not this August, it appears to be red hot. Moving past the FriendFeed acquisition, the iLike purchase and others, just today we have had:

18 Million in Europe for faster internet.

Apptio raised 14 million.

Scoreloop raised 2.8 million.

Jambool raised 13 million.

And of course, there are other deals that we have not heard of, and this does not even begin to count in the recent technology IPO’s. Seems like this recession is having smaller and smaller effect on the VC and technology investor mind.

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