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NexTone Communications Closes $10M Series C Funding Round

Posted on: Wednesday, 14 July 2004, 06:00 CDT

NexTone Communications Inc., of Gaithersburg, a provider of advanced telecommunications network systems, closed its $10 million Series C funding round, bringing the company's total financing to $32.5 million

. NexTone will use the new funding to accelerate its penetration into top-tier global carrier accounts, increase investment in product development and expand its marketing and sales forces.

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