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October 05, 2014

Deal Alert: NEA, others invest $500-K in image recognization tech firm Hyperverge

Chennai-based Hyperverge has raised $550,000 (Rs 3.5 crore) from a clutch of US-based investors, including New Enterprise Associates. Founded by Kedar Kulkarni and incubated at IIT-Madras, Hyperverge is preparing for the commercial launch of its image-recognition product.

Source: Economic Times

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