Catalytic (Palo Alto, Calif.) said the funds would be used as working capital for research and development and to expand distribution channels.
CMEA Ventures, based here, was the lead investor in the funding round, according to Catalytic. Other participants included New Enterprise Associates of Menlo Park, Calif., and ITU Ventures of Los Angeles, the company said."
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The same story about Catalytic appeared in BizJournal - San Jose/Silicon Valley
Catalytic Raised $7 Million ...
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