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CashStar Cashes In On $12 Million VC Financing

Thursday, October 27, 2011 5:30:00 AM PDT | VentureDeal Staff

   Portland, Maine  --  Internet e-commerce company CashStar has received $12 million in its third round of institutional venture capital investment.

CashStar has created a multichannel payments solution for digital gifting and incentives.

FTV Capital led the round, which also included Passport Capital. The company said it would use the financing to drive continued adoption of its services.

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