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CashStar Raises Series B Venture Capital Financing

Wednesday, February 16, 2011 5:54:00 AM PDT | VentureDeal Staff

   Portland, Maine  --  Electronic gift card company CashStar has garnered $5 million in its second round of institutional venture capital investment.

CashStar provides digital gifting and incentives technologies for national retailers.

Passport Capital led the round, which also included Allen & Co.  CashStar said it would use the financing to fuel its expansion plans.

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