Modu Sounds Off With $100M

Moresco, Justin
March 2008
Red Herring;3/25/2008, p3
Trade Publication
The article reports on the $100 million in venture funding raised by Israeli technology company Modu. The company became famous after it obtained the Guinness World Record for the world's lightest mobile phone. The investment was made based on a valuation of Modu of $150 million before this latest round of funding. It previously raised $20 million from Genesis Partners, Gemini Israel Funds, SanDisk and Mr. Moran.


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