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Article: Virtual Ink Announces $37.1 Million Round of Equity Financing.
- Article from:
- PR Newswire
- Article date:
- May 10, 2000
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BOSTON, May 10 /PRNewswire/ --
Virtual Ink Corp., developer of the award-winning mimio(TM), today announced that it has completed a $37.1 million round of private equity financing. Bear Stearns Merchant Banking led the round, and other new investors participating in the round included the Audax Group and Intel Capital. All of the venture investors in the Company's earlier rounds of financing, including CMGI and IDG Ventures, also participated.
Virtual Ink develops intuitive collaboration technologies that increase efficiency and productivity by incorporating ink as data for use on PCs across intranets and over the Internet. Virtual Ink's mimio ...