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E-commerce company MarketLive raises $20M

E-commerce company MarketLive raises $20M

MarketLive, a provider of e-commerce retail technology and services, has raised a new $20 million round of financing.  Backers include new investors JAFCO Ventures and Northgate Capital,  as well as Sequoia Capital, Sigma Partners, Globespan Capital and others.

MarketLive was founded in 1995, and it’s still growing. The Foster City, Calif. company says it added 33 new brands to its portfolio and launched 56 new sites last year. This is MarketLive’s fifth round of funding, according to Private Equity HUB.

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