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Erply, an Estonian
developer of point-of-sale, inventory and relationship management software,
has raised $2 million in VC funding. Backers include Index Ventures, Redpoint
Ventures, Marten Mickos, Dave McClure, Kenny van Zantand and The Accelerator Group.
The cloud-based software allows a retail store to quickly access point of sale, inventory and vendor relationship management capabilities without expensive hardware or a long learning curve. The small business market is poorly served for integrated supply chain applications. Erply looks like a winner.

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