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Loop'd Network Gains $800K

San Diego-based Loop'd Network, an online site focused on action sports, announced this morning that it has raised $800,000 in additional funding. According to Loop'd, the funding came from its existing investors, along with new investor the Tech Coast Angels. Loop'd said the funding will go towards developing its e-commerce infrastructure. Loopd operates online, action sports focused web sites which help athletes connect with brands and find sponsors. More information »