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FiveStars gets $26 million in Series B funding

FiveStars, a loyalty-rewards start-up company, said Thursday it has received $26 million in Series B funding.

The cash infusion—led by Menlo Ventures along with existing investors Lightspeed Venture Partners, DCM and Rogers Communications—brings to $45 million the total investment in the 3-year-old business, co-founder and CEO Victor Ho told CNBC.

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