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NewStore Nets $38 Million Venture Capital Funds

Thursday, October 1, 2015 5:18:00 AM PDT | VentureDeal
   Boston, Massachusetts  --  Mobile technology company NewStore has landed $38 million in new venture capital financing.

NewStore integrates with existing e-commerce platforms to enable brands to deliver mobile-first retail experiences to customers.

The benefit of the company's technology is that it enables consumers to purchase anywhere, anytime and with simplicity.

General Catalyst Partners and other undisclosed investors made the investment.

The company did not say how the funding proceeds would be used.

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