LevelUp Gets $9M From Deutsche Telekom’s Investment Arm

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LevelUp received $9 million in equity backing from T-Venture, the investment division owned and operated by Deutsche Telekom, All Things D confirms.

The raise is part of a financing round that had already been made public, when LevelUp closed on $12 million in early June. At the time, the company said it had one to two additional investors lined up. The additional funding from T-Venture brings its total monies raised to nearly $40 million.

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