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Miva Picks Up Strategic Investment

San Diego-based Miva, which develops e-commerce software, said today that it has received a "significant equity investment" from growth equity investor Equality Asset Management. Financial details of the investment were not announced. According to the company, it will continue to be led by current CEO Rick Wilson. Miva said it was advised by First Analysis in the deal, with legal advisor Sheppard Mullin LLP. Equality was advised by Goodwin Procter LLP.