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. Last Updated: 07/27/2016

3i Backs WebWriter

LONDON -- Venture capital group 3i is to back Stilo Technology Ltd., based in Cardiff, Wales, as it taps into Internet-based publishing, Stilo announced Wednesday.

3i will put in initial financing of $1 million, which will go toward the launch of Stilo's WebWriter, a product that enables corporations to distribute documents on the Internet using the advanced XML language.