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PeerApp Gets $8 Million

Peer-to-peer caching firm PeerApp Ltd. has closed an $8 million Series B funding round, the second round of financing that the company has raised this year.

The funds come from existing investors Pilot House Ventures , Cedar Fund , and Evergreen Venture Capital . According to the release, the funds will be used for expansion of the company's international sales and marketing organization.

This is the second round of financing that PeerApp has raised this year...

Read the rest at Contentinople.

— Ryan Lawler, Senior Editor, Contentinople

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