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Mar Systems Raises $650,000

Wednesday, January 02, 2008

Excerpt of story provided by Crain's Cleveland Business
Written by Chuck Soder

Water purification technology company Mar Systems LLC has received new investments totaling $650,000 — funding that will be used to help the company grow and commercialize its technology.

The Mayfield Village startup in December closed deals to receive $500,000 from Lazy River Investments, a group of individual investors in Charleston, W. Va., and $150,000 from Cleveland venture development organization JumpStart Inc. Mar Systems previously received a $350,000 investment from JumpStart in May 2006...

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