InXpo said today it has raised $9 million in a first round of funding to expand its virtual events business.
The Chicago-based company lets companies stage events on the web with voice chat, multimedia and other effects that create an atmosphere of being at a live event.
This kind of recession-friendly event costs less to stage on the web than a physical trade show, since it eliminates travel and booth-related costs. Since the financial collapse a year ago, theSource: VentureBeat RSS Feed
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