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Scalado gains $2M in new financing

LUND, Sweden-Scalado AB, which provides mobile digital imaging platforms and applications, said it received new financing of about $2 million in a share transaction.

The company said it will use the money to expand its organization and continue development of its products.

Industrifonden, a new investor in the company, will invest nearly half of the funding, while existing owners Olicom A/S and Teknoseed will provide the remainder.

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