Navio Secures $25.4 Million in Financing

Nov 11, 2005


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Navio Systems, Inc., a provider of rights-based commerce solutions, has announced that it has completed a $25.4 million Series B round of equity funding led by WK Technology Fund, a VC firm in Taiwan, and joined by VantagePoint Venture Partners, with participation by existing investor Add Partners. The investment will be used to add operational capacity, further development efforts, and expand to other countries, as Navio continues to grow its digital commerce marketplace.

(www.navio.com; www.vpvp.com; www.addpartners.com)