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Liazon Closes Venture Capital Financing

Wednesday, April 06, 2011 5:32:00 AM PDT | VentureDeal Staff

   Buffalo, New York  --  Employee benefits service company Liazon has landed $12.6 million in new venture capital investment, according to a company press release.

Liazon has developed what it considers to be a better way for employees to purchase their health benefits.

Bain Capital Ventures led the round, which also included Rand Capital and other investors.

The company said it would use the new capital to expand its sales and marketing initiatives.

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