LocaModa Takes in $150K

5/13/10

LocaModa, a provider of place-based social media software, has raised $150,000 of a proposed $1.5 million equity, debt, and rights funding, according to an SEC filing. The startup previously brought in $900,000 in equity funding, according to a June 2009 regulatory filing. VentureWire reports that the firm has raised funding from Dace Ventures, of Waltham, MA, and New York City, the India-based conglomerate Mahindra Group, and Presidio Ventures, a U.S. investment arm of the Japanese conglomerate Sumitomo.

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