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500Friends Lands Venture Equity And Debt

Wednesday, March 13, 2013 5:34:00 AM PDT | VentureDeal
   San Francisco, California  --  Internet technology company 500Friends has secured $7 million in venture capital equity and debt financing.

500Friends has developed a social loyalty and rewards platform for retailers.

Intel Capital and Fung Capital led the round, which included previous investor Crosslink Capital.

The company did not specify how proceeds purposes would be used.

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