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TMCNet: Escape Studios secures venture capital funding from Chrysalis VCT

[July 02, 2009]

Escape Studios secures venture capital funding from Chrysalis VCT

Jul 02, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Escape Studios, a provider of learning, recruitment, and technology services for the computer graphics industry, has secured venture capital funding from Chrysalis VCT. Both the parties are based in the UK.

Chrysalis VCT is a venture capital trust that invests in small and medium sized unquoted growth companies.

Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2009-07-01 Deal Participants Target (Company) Escape Studios Deal Rationale Escape Studios plans to use the funding to accelerate the development of its distance learning services for the computer graphics industries.

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