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Wednesday, November 19, 2008

Apptera raises $10.5 million

San Francisco Business Times

Apptera Inc. raised $10.5 million in financing led by existing investors Lightspeed Venture Partners, Alloy Ventures, and Walden International.

The company also said Wednesday that former Yahoo (NASDAQ: YHOO) executive David Karnstedt joined its board of directors.

San Bruno-based Apptera makes software for mobile phone advertising.


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