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Sand 9 raises $12M in Series B funding - Cambridge, MA
May 12, 2010: Sand 9, Inc., a start-up company developing timing oscillator and frequency control technology for the wireless device market, today announced it has closed a $12 million Series B round of financing led by new investor Commonwealth Capital Ventures. Previous investors Flybridge Capital Partners, General Catalyst Partners and Khosla Ventures also participated in the round. The funding will be used to accelerate sales and marketing and expand product manufacturing to volume shipment levels.
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