Transvirtual Technologies said Thursday that it had received $4 million toward its first round of funding. San Francisco-based Transvirtual has raised a total of more than $4 million and hopes to reach $8 million by the time it closes its first round later this month. Transvirtual is developing software to create a new communications standard for Internet devices. The company's software combines the use of XML (Extensible Markup Language) and Java.
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