Avaak, provder of wire-free personal video networking technology, announced that it raised $7 million in Series A funding. The capital will support product development, marketing, and sales of Avaak’s new consumer product, scheduled for release in early 2009. The financing was led by Trinity Ventures, a firm focused on early-stage technology investment opportunities with an emphasis on digital media and internet services. InterWest Partners and Leapfrog Ventures also made investments in Avaak’s initial round of funding.

(www.avaak.com)

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