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Am-Beo receives new financing

GALWAY, Ireland-Am-Beo has received a $12.5 million second round of venture-capital financing led by Intel Capital in conjunction with Advent Venture Partners and ACT Venture Capital. To date, the company has raised a total of $20 million.

The software developer provides the capability for third-generation mobile carriers, Internet service providers and wireless local area network operators to implement value-based pricing based on multiple parameters. This solution also allows service providers to manage and settle the revenue flows among various participants in the delivery of products and services to end users.

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