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Blueshift Labs Nets Equity Venture Capital

Friday, December 4, 2015 5:14:00 AM PDT | VentureDeal
   San Francisco, California  --  Digital marketing technology company Blueshift Labs has landed $5.7 million in new equity investment, according to an SEC regulatory filing.

Blueshift has developed a predictive marketing automation system that helps enterprises "turn visitors into repeat buyers."

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

Blueshift is still seeking $2.4 million in additional equity financing, according to the filing.

CEO Vijay Chittoor co-founded the company in May 2014.

Blueshift is backed by investors including New Enterprise Associates and Nexus Venture Partners.

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