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January 28, 2004 3:25 PM PST

Kayak Interactive paddles off with $11.75 million

Kayak Interactive announced on Wednesday that it has raised $11.75 million in a first round of funding, led by VantagePoint Venture Partners. TL Ventures and EnerTech Capital contributed to the round. Princeton, N.J.-based Kayak Interactive develops software to allow two or more people to play interactive games via mobile devices.

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