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Leximancer Raises $1M

Boulder, Colorado-based Leximancer said today that the firm has raised $1M in an investment round. The firm, which develops software for brand managers and marketers to gauge customers' opinions on brands or products, said the funding came from new private investors. Name of those investors were not disclosed. Leximancer said the funding will go towards international expansion. Leximancer said its software uses blogs, Web sites and social media to gather competitive intelligence and other data. More information »