Charles River Funds Webaroo

10/14/08

Charles River Ventures of Waltham, MA, is one of the lead participants in an $11 million Series A funding round for Mumbai, India-based Webaroo, according to several reports this week. The mobile software company sells SMS-based systems for group messaging. Charles River was joined in the round by Helion Venture Partners.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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