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Educational Software - Wednesday, May 30, 2007

Israel's Radlive Raises $7.65M For Enterprise Mobile Telephony

Set to launch its first products in 2008, Israeli's Radlive closed its first financing round, raising $7.65M from Elron Electronic Industries and Gemini Israel Funds.

Radlive was founded two years ago by CEO Menachem Cohen and Yehuda and Zohar Zisapel. Cohen was CEO of Mercado Software.

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