Encirq nets $37 million in financing

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Online marketing services company Encirq Corp. netted more than $37 million in venture capital from new and existing backers. Encirq said it will use the money to expand the rollout of its Illuminated Statements service, which converts banking and other financial statements into digital, enhanced statements with personal information. Investors include Chase Capital Partners and the financial services arm of General Electric Co.

Copyright September 2000, Crain Communications Inc.

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