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March 15, 2011 05:22 pm GMT
Timely announcement from Pricelock.com as fuel prices continue to rise: the company, which offers online fuel hedging and price protection for businesses that rely on fuel to stay in business, has raised over $12 million in Series B funding.The financing comes from Barclays, RenaissanceRe Ventures and Travelers Insurance, with previous Artiman Ventures participating as well. Goldman Sachs, another earlier backer, did not participate this time around.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yIHRA5InvUI/
Pricelock Raises $12 Million To Protect Companies From Increasing Fuel Prices
Timely announcement from Pricelock.com as fuel prices continue to rise: the company, which offers online fuel hedging and price protection for businesses that rely on fuel to stay in business, has raised over $12 million in Series B funding.The financing comes from Barclays, RenaissanceRe Ventures and Travelers Insurance, with previous Artiman Ventures participating as well. Goldman Sachs, another earlier backer, did not participate this time around.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yIHRA5InvUI/
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