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XConnect, the global leader in network peering has raised a healthy $10 Million in Series B round of funding. The funding came from Venrock Associates, Accel Partners, Grazia Equity and Crescent Point Group. The funding will be used to help XConnect expand its Interconnect 2.0, a suite which enables operators to efficiently deliver new revenue generating multimedia services. These services include high definition voice and video across IP networks at a better quality and reduced prices.