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San Jose, CA based developer of applications and platforms for digital currencies Peernova has raised $7m in Series A funding from undisclosed investors. PeerNova is a Silicon Valley-based technology company founded by veteran entrepreneurs with deep expertise in distributed systems, networking solutions, compiler technology, and financial services.
The company revealed that its financing round includes almost $4 million in promissory notes that are converting into series a-2 preferred stock. It also includes warrants to be issued in the amount of $170,526.
http://bitcoinagile.com/DC3DB9/fintech-startup-peernova-raises-7-million-newscenterio_stream
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