Fry receives financing

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Web developer Fry Multimedia, Ann Arbor, Mich., has received an undisclosed minority investment from Summit Partners, a Boston-based venture capital company. Fry said this is the first time the 6-year-old company had taken an outside investment. Fry has more than 150 employees and has a client list including Crate & Barrel, Eddie Bauer Inc. and Staples.

Copyright July 1999, Crain Communications Inc.

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