CED News

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Relativity Gets Third Round of Funding

Relativity Technologies has received a nondisclosed amount from the Intel 64 Fund in a third round of financing. Relativity told dbusiness.com that the amount exceeded its previous round of $6 million. The company will use the money to develop a version of its RescueWare software for the upcoming Intel 64 processors, according to Vivek Wadwa, president and chief executive officer. Noro-Moseley Partners of Atlanta and the Wakefield Group of Charlotte, who are previous investors, also contributed to this round.

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