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Congruency receives $10.7 million

Congruency announced Tuesday that it has received $10.7 million as part of its fourth round of funding. The Rochelle Park, N.J.-based company hopes to raise between $20 million and $25 million for its fourth round. Elwin Capital Partners and the Challenge Fund joined the round, along with previous investors Vertex Management Israel and Giza Venture Capital. Congruency, which has raised $24 million in its current and previous rounds, develops software to transmit voice over the Internet via broadband networks. See complete list.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
Congruency announced Tuesday that it has received $10.7 million as part of its fourth round of funding. The Rochelle Park, N.J.-based company hopes to raise between $20 million and $25 million for its fourth round. Elwin Capital Partners and the Challenge Fund joined the round, along with previous investors Vertex Management Israel and Giza Venture Capital. Congruency, which has raised $24 million in its current and previous rounds, develops software to transmit voice over the Internet via broadband networks.

See complete list.