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Gyft Grabs Venture Capital Equity Funding

Wednesday, September 18, 2013 5:54:00 AM PDT | VentureDeal

   San Francisco, California  --  Financial service technology company Gyft has secured $5.6 million in new venture capital investment, according to an SEC regulatory filing.

Gyft has created a digital gift card platform that enables consumers to manage their gift cards.

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

Some of the amount funded includes promissory notes converted into preferred stock.

Gyft is still seeking $548,000 in additional financing, according to the filing.

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