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Vringo Announces $2.5 Million Investment Led by Prominent Venture Capital Firms Benchmark Capital and DAG Ventures

Vringo, Inc. (NYSE Amex: VRNG) (“Vringo” or the “Company”), a provider of software platforms for mobile social and video applications, announced today that it has closed a private placement of convertible notes in the aggregate amount of $2.5 million primarily to leading venture capital firms Benchmark Capital and DAG Ventures.

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