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Australian crowdsourcing start-up DesignCrowd receives $3 million

The Australian venture capital firm Starfish Ventures has invested $3 million in DesignCrowd, according to a media release dispatched on Thursday. The Australian start-up, a design crowdsourcing community with more than 40,000 registered graphic designers, plans to use the new investment to launch two new services in 2012 and to expand its client base outside Australia.
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New Zealand’s Xero eyes US IPO, further disruption as subscribers increase...

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