MSMEx has received $1 million in a pre-Series A investment | Alpine Investors has announced its exit as an investor in Cleo Communications.

MSMEx, an edtech company for small businesses, has received $1 million in a pre-Series A investment. The money will be used to develop new smart technologies for the edtech business, including a deep learning-based recommender system and an intelligent LIVE chat system. MSMEx connects small business owners with industry experts.

Alpine Investors a private equity firm, has announced its exit as an investor in Cleo Communications a provider of integration solutions, after the latter announced its strategic investment from H.I.G Capital last week.