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Push-notification platform Xtify picks up $2.8M, ramps up development

July 31, 2010 Tech View Comments

Working in the mobile advertising business, New York City-based Xtify has been building its platform for brands and other app developers, allowing for geo-targeted notifications — most often, ads — that are pushed to consumers when they are within a predefined area, say a one-mile radius from a department store. The company has announced it has raised $2.8 million in a first round of institutional funding, which it is using to beef up its product development and team, currently ten-people strong. Xtify picked up the funding from Acadia Woods Partners, SeventySix Capital and an undisclosed, significant New York-based angel investor.

cef64847dc00x500 90x150 Push notification platform Xtify picks up $2.8M, ramps up development

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Push-notification platform Xtify picks up $2.8M, ramps up development

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