Retail fund invests $3 million in InfoBeat

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Global Retail Partners, a growth fund dedicated to the retail industry, has invested $3 million in e-mail publisher InfoBeat. Global Retail has also invested in Internet companies including CitySearch,, CyberSource and Garden Escape. Counting this investment, InfoBeat has now raised $20 million in capital.

Copyright July 1998, Crain Communications Inc.

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