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BtoB

Icon International raises $95 million to fund surplus inventory site

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Stamford, Conn.--Icon International, a company that provides the industrial aftermarket with merchandising and financing options for excess inventory, has raised $95 million from a group of investors including Canaan Partners, Menlo Park, Calif., and Allied Capital, Washington, D.C. The money will be used to build a business-to-business transactional site that will target industries including food service and high technology.
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