Ayalogic Secures Additional Financing
June 20, 2006
In a vote of confidence from existing investors, Ayalogic has closed on an additional $1.25 million in financing, the majority from institutional investors from a Series A round raised late in 2004. We've invested again, as has Early Stage Partners and JumpStart. The plans are to use this additional investment to build the company’s infrastructure of talented people and innovative technology. Ayalogic plans to expand its sales and marketing expertise through direct sales and channel partners, locally and nationwide.
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