Charles River Funds Webaroo

Charles River Ventures of Waltham, MA, is one of the lead participants in an $11 million Series A funding round for Mumbai, India-based Webaroo, according to several reports this week. The mobile software company sells SMS-based systems for group messaging. Charles River was joined in the round by Helion Venture Partners.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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