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Lehigh Tech Raises New Round

Lehigh Technologies Inc., a Naples, Fla.-based rubber recycling company, has raised a new round of funding from Kleiner Perkins Caufield & Byers and Index Ventures, according to VentureWire. No financial terms were disclosed for the deal, which will be used to fund construction of a new recycling plant. The company had raised an $18 million round led by Natural Gas Partners early last year.