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A UK based provider of enterprise product management software solutions, Tribold, has raised $11 million in the latest round of VC funding. The current round was led by Intel Capital and was participated by returning backers DFJ Esprit and Eden Ventures. According to the CEO of Tribold, John Rainger:

In an uncertain economic climate, we believe this round of funding clearly demonstrates Tribold’s importance in the communications industry. The new funds will allow Tribold to grow and expand in existing and new markets.