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Angels continued to aggressively put money to work in the third quarter of last year, with medianl round size jumping to a 15-month high and dollars going to mobile startups rising to 16.5% of total investments.
The Slater Technology Fund has reinvested in energy management services company VCharge, bringing its total investment to $250,000. The new money comes as part of a $1.9 million funding round. Clean Energy Venture Group, Launchpad Venture Group and EOS Ventures also contributed to the round. The money will go toward development and additional hires.
Cambridge, Mass.-based Localytics has closed an undisclosed amount of Series A financing, led by existing shareholders investors Launchpad Venture Group and New York Angels. Hub Angels came in as a new investor. The money will be used for expanded sales and development. The company announced in May 2010 that it had sealed $700,000 in an initial round of financing.