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Descartes Labs raises $20M, hires new C-suite exec

The round, which the company posted in a Form D filing with the SEC Oct. 4, is worth just under $20 million. North Carolina-based Union Grove Venture Partners led the round, which included a total of eight investors. Union Grove Managing Partner Patrick Cairns confirmed the lead investment but said he was unavailable to talk specifics.


Source: The Business Journal

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