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Nearbuy Adds Venture Capital Equity Funding

Friday, November 23, 2012 10:27:00 AM PDT | VentureDeal

Menlo Park, California  --  IT company Nearbuy has received $749,999 in new investment, according to an SEC filing.

Nearbuy is developing indoor micro-location solutions for retailers.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Nearbuy is still seeking $150,000 in additional financing, according to the filing.

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