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Apax leads €52m Webraska funding

Apax Partners together with its sister company Patricof & Co Ventures has completed a €52m ($48.9m) second round of funding for Webraska, a French provider of wireless navigation services and technologies.

Apax led a busy second round that included Argo Global Capital, SAIC Venture Capital, Navigation Technologies, Philips Venture Capital Fund, Infineon Ventures and SignalSoft Corporation.

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