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Tagsys Closes Series C

Tagsys, a provider of item-level RFID infrastructure, has called down the second $16 million tranche of its $35 million Series C round. Backers include JPMorgan Partners, DFJ Espirit (f.k.a. Cazenove Private Equity), Endeavour Advisors, Saffron Hill Ventures, Add Partners and Elliott Associates. The company has now raised around $80 million in total VC funding. www.tagsys.net