Marrakech raises $10m in final third round closing; Total third round financing of $26.5 million.

M2 Presswire | July 19, 2002 | Copyright

M2 PRESSWIRE-19 July 2002-Marrakech: Marrakech raises $10m in final third round closing; Total third round financing of $26.5 million (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:07192002

Marrakech today announced that it has raised $10 million in the final closing of its third round of financing. The company had raised $16.5 million in the first closing during Q4 2001. New investors in the final closing include Gartmore Group and AMT * SYBEX, in addition to existing investors Doughty Hanson Technology Ventures and Cross Atlantic Capital Partners. Terms ...

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