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Electronics Production | September 02, 2008

Runcom raise $10 million

Israel based chip company Runcom Technologies has raised $10 million in foundings from the from UK technology venture capital fund TLcom Capital LLP.
This founding round is Runcom's second official. The company previously raised finance in 2000 from the Vertex Venture Capital and Concord Ventures. However according to information that The Globes has received, this time the foundings are worth $10 million. What the company will use this money for has not been revealed.
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