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Magna Raises $100 Million for Fund

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Magma Venture Partners, an Israeli-based venture capital fund that invests in high tech startups, has completed fundraising for Magma III, raising over $100 million according to TechCrunch. The company invests in communication, semiconductors, internet and media with a portfolio that includes online video-editing software developer Magisto, mobile analytics company Onavo, and navigation app maker Waze.  Read more.

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