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Social Recommendations Startup Stik Relaunches, Raises $2.3M From Detroit Venture Partners And North Coast Technology Investors

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http://techcrunch.com – Just months after relocating from San Francisco to Detroit, Stik is relaunching its Facebook-powered recommendation service and announcing a new round of funding. The $2.3 million Series A round was co-led by Detroit Venture Partners and North Coast Technology Investors. Draper Associates, First Step Fund, MEDC and Automation Alley also participated in the round. Stik originally launched in 2010 on the back of a $500,000 seed round led by Draper Associates. Co-founder Nathan Labenz explained to me that the new cash will go towards acquiring new talent. “We are hiring developers first and (IT news)