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May
21
2009
Loop’d has raised $800,000 in its third round of funding. The round was led by its new investors, Tech Coast Angels along with participation from existing private investors. With quite a lot of struggle that action sports brands have to put up with, Loop’d will be using the current funds to initiate its own e-commerce platform. Loop’d has been trying to keep its expenses tied up and laid off a few of its employees and continues to snail through the present economic crisis.
Tags: funding, Loop'd
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