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Caringo Gets Win With Media Sharing Service

Austin, Texas-based Caringo, a provider of content archiving and storage software, said Tuesday that the firm's products have been selected by CMWare, the operator of skyTuneZ, a online service for storing and sharing personal media files over the web and mobile. Financial terms of the win were not disclosed. Caringo's software is used to create storage clusters using commodity hardware. The firm is venture backed by Vodafone Ventures and Austin Ventures.