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Blend Bags New Venture Capital Equity

Monday, May 11, 2015 5:33:00 AM PDT | VentureDeal
   San Francisco, California  --  Mobile technology company Blend has received $6.3 million in new venture capital equity financing, according to an SEC regulatory filing.

Blend says that it "bridges the gap between the brand and students creating an innovative channel that offers a curated collection of the hottest brands and the finest products specifically for the college audience."

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

Blend is still seeking $1 million in additional financing, according to the filing.

The company was cofounded by CEO Akash Nigam (LinkedIn Profile) in 2013.

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