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September 7, 2011 07:45 pm GMT

Local Business Data Provider Locu Raises Seed Round

logo-lrgLocu, a data-focused startup founded by MIT graduates and computer science researchers,is closing a seed round of over $600,000 from East and West coast investors, including Factual founder GilElbaz, Google's Bruno Bowden, Cloudera founder Jeff Hammerbacher, Hubspot's Dharmesh Shah, Twitter VP of Engineering Michael Abbott, Facebook co-founder Andrew McCollum, MIT's Ed Roberts, Jean Hammond, Matt Ockoand Mitch Roberts.Early stage investment fund Quotidian Ventures is also involved.Locu plans to create the world's largest real-time, structured repository of small business offerings data, such as restaurant menus, with the goal of helping better local search.

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