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MassRoots Secures Venture Capital Debt

Friday, February 26, 2016 5:20:00 AM PDT | VentureDeal



Denver, Colorado  --  Internet social networking company MassRoots has received $320,000 in debt investment, according to an SEC regulatory filing.

MassRoots has developed a social network for the medical cannabis community.

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

A total of five investors participated in the offering.

MassRoots is still seeking $1.68 million in additional debt funding, according to the filing.

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