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- GENWI Raises $2M From Floodgate, Elevation
GENWI said it raised $2 million from Floodgate and Elevation Partners. GENWI, of Los Altos, Calif., has a cloud based publishing platform for mobile devices. It raised $4 million last fall from Nexus Venture Partners, Inventus Capital Partners, and Quest VenturePartners.
- Nexus Unveils Third Indian Fund At $270M
The fund was oversubscribed and attracted most of its LPs from the United States, said Nexus co-founder Naren Gupta. “We had a lot of demand.”