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Retail software startup Optoro raises $7.5 million from Grotech, others


Lanham-based retail software startup Optoro Inc. has raised $7.5 million in a Series A round led by Grotech Ventures, the company announced Wednesday.

The investment caps off a fundraising effort that began in 2010 with funding from QED Investors, which is led by Capital One Financial Corp. co-founder Nigel Morris, as well as SJF Ventures. The most recent financing pushes the round's total to more than $10 million.

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