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Article: Clear Secures $44.4 million in Venture Funding.
- Article from:
- Entertainment Close-up
- Article date:
- August 21, 2008
CopyrightCOPYRIGHT 2008 Close-Up Media, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ENTERTAINMENT CLOSE-UP-21 August 2008-Clear Secures $44.4 million in Venture Funding(C)2008 - CloseUpMedia - newsdesk@closeupmedia.com
Clear, the fast pass for airport security, has secured $44.4 million in venture funding.
Led by new investor Spark Capital, this round also includes a second investor Syncom Venture Partners, and existing investors Lockheed Martin, GE Security, Baker Capital, Lehman Brothers, and Clear founder and CEO Steven Brill. Clear will use the financing to further its membership growth in its existing markets and will also expand its signature fast lanes this fall and beyond with airport installations expected in new major markets ...