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Troux Gets $10M

Austin-based Troux Technologies, a developer of IT planning software, said this morning that it has raised $10M in a new funding round. The round came from Austin Ventures, Greylock Partners, and a consortium of Scandanavian investors. According to the firm, the new funding will go to further expand the firm's reach into new geographies, as well as for its sales efforts. Troux's software is used by enterprises to manage their IT projects. More information »