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News Analysis: Lithium Technologies Adds $53M in Financing

Emeryville, California based Lithum Technologies announced today that it raised $53.4M in financing. The lead round is from New Enterprise Associates (NEA), and other investors include SAP Ventures and investors from previous rounds.

Forbes contributor and R "Ray" Wang provides his commentary and analysis on what this new funding means for Lithium, its customers, and the industry.

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