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Vestec Raises $6.4M

By TechTaffy Desk

[Techtaffy Newsdesk]

Canadian speech-technology and artificial company Vestec has secured $6.4 million in funding from Sansar Private Equity Partners as part of its second institutional round of fund raising.

Sansar has purchased $3 million of stock and obtained warrants with an option to invest another $3.4 million.

The new funding will enable Vestec to expand its product portfolio and geographic coverage, says the company.

Upload: 02-03-13

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