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Individual Inc, Cambridge, Massachusetts has raised $1m in venture capital, $375,000 of it from Grace Ventures Corp and Horn Venture Partners. The company describes itself as an information refiner, creating daily custom electronic newsletters from Business Wire, PR Newswire, United Press International, Reuters and Kyodo and refining the items to a pre-set list of interests identified by the customer to be luanched this month. Pre-release users include DEC, NEC and Computer Corp of America.

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