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Invodo Gains $6M

Austin-based Invodo, which develops a library of online, product videos for online retailers, said recently that it has raised $6M in a Series B funding. The round came from Sevin Rosen and S3 Ventures. The firm said the funding will go to raise the firm's market presence, and accelerate sales and marketing. Jackie Kimzey of Sevin Rosen and Brian R. Smith of S3 headed up the funding efforts. More information »