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Exent raises $3m from Concord Ventures, NEA.

Asia Africa Intelligence Wire

| August 10, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Ofer Levi

Israeli start-up Exent Technologies has raised $3 million in its third financing round from existing investors Concord Ventures and New Enterprise Associates (NEA). NEA owns 13% of Exent. The company declined to comment on the report.

IVC (Israel Venture Capital) Research Center states that Exent has raised $31.5 million to date. It raised $23.5 million at $80 million company value, before money, in its second financing round in 2000.

Exent develops technology solutions for secure digital delivery of gaming and application software. Telecommunications operators and …

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