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eGifter Nets Growth Venture Capital

Friday, May 29, 2015 5:45:00 AM PDT | VentureDeal

   Melville, New York  --  Internet technology company eGifter has landed $3.5 million in growth venture capital funding.

eGifter has developed a web site and mobile social gifting application that enables users to give eGift Cards to friends, family and themselves.

The service also enables retailers to better include social networks in their marketing mix.

Investors in the round included the Long Island Angel Network, BDS Capital, Angel Dough Ventures and others.

The company said it would use the funding to accelerate its growth initiatives.

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