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Nuventix Raising First Round

Nuventix Inc., an Austin, Texas-based developer of thermal management cooling solutions for the computer and consumer electronics market, has raised $8.5 million of a Series A round expected to close shortly on $10 million. Backers include InterWest Partners, Rho Ventures, CenterPoint Venture Partners and STARTech Early Ventures. News of the deal was first reported by the Austin-American Statesman.