Codexa Shuts Down, Continues Search for Funding

ORGANIZATION AND MANAGEMENT

PASADENA, Calif.—Codexa, a news integration service provider, has discontinued operations and closed its main office here, as well as its office in New York. It is the latest organization to fold after the recent slowdown in venture capital funding for technology companies.

David Leinweber, Codexa's co-founder and chief executive officer, says the decision to shut down was primarily because of the failure of an anticipated funding agreement. But he says that the company is involved in a numb

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