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Kinnek Secures $10 Million Venture Capital Investment

Tuesday, September 16, 2014 5:45:00 AM PDT | VentureDeal
   New York, New York  --  E-Commerce technology company Kinnek has raised $10 million in its first round of institutional venture capital funding.

Kinnek is developing online technology that aims to improve the purchasing process for small businesses.

Matrix Partners led the round, which also included Sierra Ventures, Version One Ventures, CrunchFund, TriplePoint Capital and others.

The company said it would use the funding to grow its marketing and engineering capabilities and fuel its expansion into new industries.

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