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Originate Gets Strategic Investment

Los Angeles-based "software innovation studio" Originate announced late Tuesday that it has received a strategic investment, from Pacific Growth Investors. Size of the investment were not announced. Originate, which is led by CEo Brent Cohen, says it works with global brands and large enterprises to help them build new products or "reimagine legacy systems". Originate said the new funding will go towards working capital and international expansion.