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Qualcomm Ventures Participates in $27 Million Funding Round For Israeli Tech Co.

Qualcomm Ventures, the investment arm of Qualcomm Inc., took part in a $27 million series C funding round for Stratoscale, an Israeli company that makes technology for data centers, the San Diego organization said March 23.

So far Stratoscale has raised more than $70 million over three years.

Stratoscale makes what it describes as “a next-generation software-defined data center solution that enables businesses to embrace new technologies at unparalleled pace with greater ease and control.”

Qualcomm did not disclose the amount of its investment. The previous investors in Stratoscale — Battery Ventures, Bessemer Venture Partners, Cisco, Intel and SanDisk — also contributed to the series C round.

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