Nexgenix receives $20 million capital infusion from Redpoint

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Nexgenix, an e-business consultancy, received a $20 million investment from Redpoint Ventures, a new venture capital firm focused on broadband infrastructure, services and media opportunities for the next-generation Internet and TV. The funding will be used to expand Nexgenix's marketing efforts as it strives to position itself in the e-business consultancy field.

Copyright November 1999, Crain Communications Inc.

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