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TeleKnowledge secures $35M

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Framingham, Mass.-TeleKnowledge Inc., a developer of broadband-based billing software, has received $35 million in financing from venture capital firms including 3i Group plc, Merrill Lynch Ventures and Jerusalem Venture Partners. The funding will be used to aggressively expand marketing and sales efforts in North America and Europe. TeleKnowledge's flagship software product, Total-e, allows for e-payments between exchange trading partners.
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