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Transactiv Raises $1.2 Million For E-Commerce Platform

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Cincinnati-based stealth startup Transactiv has raised $1.2 million in a first round of funding to develop what it is calling a “new transactional platform for online commerce.” No details on how it will be different from existing platforms on the market. (The Transactiv website features a total of four words, and the company did not respond to our request for comment). Transactiv, however, does say in a statement that the platform will launch next year. Funding comes from Blue Chip Venture Capital, CincyTech, Neyer Holdings, and Queen City Angels. Release.

Oct 13, 2009 3:50 PM ET

Transactiv

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Posted In: E-Commerce, Money, M&A & Venture Capital, Venture Capital

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