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Sprint Also Invests in Groove Mobile

We mentioned Groove Mobile’s $8.5 million funding earlier this week…turnes out its customer Sprint Nextel has also invested in the company, this story says. Other investors: Egan-Managed Capital was joined by return backers Charles River Ventures, Kodiak Venture Partners and SVM Star Ventures Management.
Related: Groove Mobiles Gets $8.5 Million Second Round

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