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Voucher partner acquisition is now happening through sales reps and as this is working Tobias reckons that it's the model they would like to use for expansion in other cities and countries.
After raising $1 million in seed funding late last year, the startup is today disclosing a $3 million Series A led by previous backer Point Nine Capital — money it will use for expansion to the U.S., including the opening of a San Francisco office.
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GGV — backers of tech giants like Alibaba, Buddy Media, Pandora, Square and Tudou — is gearing up for another big rush of investment activity: today the firm is announcing the closing of a significant new fund, its fourth, totaling $625 million, which it will use for expansion-stage investments in tech companies in both the U.S. and China.
RingCentral CEO Vlad Shmunis tells us that the new funding will be used for expansion and towards the delivery of new products and services.
The company said the proceeds would be used for expansion.
Cash raised in the flotation can be used for expansion in growing markets such as Asia's.
The money will be used for expansion and renovation of several facilities -- including the Irving School, part of which was built in 1915.
Rational basis functions, which are algebraically mapped Legendre functions, are used for expansion in the radial direction of polar coordinates (r, φ) or (r, φ,z).
The cash will be used for expansion.
The capital will be used for expansion and hiring.
Lyseggen tells me that funding is being used for expansion activities like these acquisitions.
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