A few weeks ago we reported that Israeli revenue assurance vendors cVidya had secured a new US$5m credit line from venture lenders Plenus. Now it seems like cVidya might be looking for more venture capital funding. The Israeli Venture Association’s High-Tech conference is an event where technology businesses get to network with potential VC backers. The 2009 event is scheduled for May 19, and according to the program, cVidya will be presenting. Good luck to them – it would be interesting to see what they use the money for…

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