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TeleSphere Raises $10M

Phoenix, Arizona-based TeleSphere said today that it has raised $10M in additional private equity funding. The firm said the funding included Rally Capital, Hawkeye Investment LLC, and Greenspun Corporation. Greenspun adds Gary O'Malley to the company's board of directors as part of the funding. TeleSphere is a provider of managed telecommunications and network services. More information »