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CrowdTwist Snags Series A Venture Capital Investment

Tuesday, September 20, 2011 5:34:00 AM PDT | VentureDeal Staff

   New York, New York  --  Internet technology company CrowdTwist has secured $6 million in its first round of institutional VC financing.

CrowdTwist has created technology that enables websites to allow their fans to earn points for the "stuff they do online."

SoftBank Capital led the round, which included Fairhaven Capital, kbs+p Ventures and Bertelsmann Digital Media Investments.

The company said it would use the financing to support its growth initiatives.

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