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STAND Receives Venture Equity and Debt Funds

Tuesday, February 24, 2015 5:33:00 AM PDT | VentureDeal
   Mill Valley, California  --  Financial services technology company STAND has raised $2.5 million in venture equity and debt financing, according to an SEC regulatory filing.

STAND has created a mobile-first crowdfunding platform for "friction-free philanthropy."

The site enables users to fund causes that they care about - "Think Instagram for Good."

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

The financing event accepted minimum investment amounts of $10,000, according to the SEC filing.

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