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Chevy Chase-Based NEA Increases Investment in Vuclip

11/15/2012
New Enterprise Associates (NEA), the Chevy Chase-based venture capital firm, said it has increased its investment in Vuclip, a Silicon Valley-based developer of mobile video services. The latest investment was part of a new $13 million funding round that also included participation from SingTel Innov8 and Jafco Ventures. Vuclip currently provides mobile video to 45 million monthly active users worldwide.

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