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Cerona Gains Funding from Republic Financial Corp.
Cerona Networks Corp., a portfolio company of Republic Financial Corp.’s private equity group, has received additional funding, the company announced April 18.
A Series-B financing round is being provided to Cerona as the company completes product development and begins marketing its new DVB-S2 products.
In an unrelated announcement, the Maryland-based manufacturer of ground-based equipment for satellite communications has elected Walter Purnell to its board of directors.
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