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Start-up CogniTens raising $4-5m.

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| December 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Boaz Gilmore

Sources inform ''Globes'' that Israeli start-up CogniTens is in the advanced stages of a $4-5 million fundraising round. The company, which develops and markets non-contact 3D measurement systems for the automotive and aerospace industries, raised a total of $19 million in two previous fund-raising rounds, from Pitango Venture Capital, Star Ventures Enterprises, Challenge Fund - Etgar, Evergreen Partners, Clal Industries and Investments, Israel Infinity Fund and Yozma Venture Capital, as well as private investors. Several of the existing investors are also ...

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