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Tech Industry

Short Take: Flooz.com raises $27 million

Gift Web site Flooz.com said it has raised $27 million in second-round financing from investors including NBC, NextCard and Oak Investment Partners. New York-based Flooz.com is the maker of "Flooz currency," which can be used to buy a range of products online. The company is pitching its currency as an alternative to credit cards, which are currently the Net's most used form of payment.

Gift Web site Flooz.com said it has raised $27 million in second-round financing from investors including NBC, NextCard and Oak Investment Partners. New York-based Flooz.com is the maker of "Flooz currency," which can be used to buy a range of products online. The company is pitching its currency as an alternative to credit cards, which are currently the Net's most used form of payment.