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Azuki Systems Completes $5.1M Offering - cbl
Posted January 26, 2012
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John Clancy
By Richard Rabicoff
ACTON, Mass. -- Azuki Systems, Inc completed a mixed securities offering of $5.1 million from six investors.
Listed in the related SEC filing were President and CEO John Clancy, CTO Raj Nair, chairman Cheng Wu, and directors Christopher Lynch, previously from F5 Networks; Robert Davoli from Boston-based Sigma Partners; and Josephat Tango from Waltham-based Kepha Partners.
Clancy was previously CEO in Residence at Schooner Capital, where he advised portfolio companies on growth strategies, while identifying new technology investment opportunities. Prior to Schooner, Clancy was the president of Iron Mountain Digital. He holds a B.A. in political science from Assumption College.
Acton, Mass.-based Azuki provides a mobile media platform, the Azuki Wireless Platform, which is an embeddable, turnkey solution for the ingestion, preparation, protection, and delivery of mobile video and other media.
SEC Filing. http://tinyurl.com/7m9bcg7
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