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iMemories Raises $6.2M

Scottsdale, Arizona-based iMemories, which operates a service which captures and digitizes home movies for consumers, said this morning that it has raised $6.2M in a Series B funding round. The round was led by Capital Southwest. The company said that Bill Ashbaugh of Capital Southwest joins the board as part of the funding. According to iMemories, the new round of funding brings the company's total raised to $11M. More information »