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Funding Daily: Drinks and debt

Mmm, scotch.
Mmm, scotch.
Image Credit: Eric Blattberg / VentureBeat

As the VentureBeat New York team celebrated a new arrival with a few glasses of scotch, we spied a pair of debt financings. We are unabashedly thrilled to tell you about them.

Blend Systems raises $2.4M in debt financing

Blend Systems, which isn’t afraid to bill itself as the “first app for college students,” has raised $2.4 million in debt funding, an SEC filing has revealed. The company’s apps enable college students to share their experiences and earn “snaps” (or likes) from their friends and free stuff from their favorite brands. Watch out, Facebook!

RealtyShares raises $295K debt round


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RealtyShares, a crowdfunding platform for real estate investments, has raised $295,000 in debt funding, according to two SEC filings. Investors can browse by asset type — individual homes or apartment buildings, basically — as well as location. The minimum for an investment through RealtyShares is $5,000.