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Los Angeles-based Luxury Presence raised $5.4 million for its real estate marketing services

Real estate is a big business in the sprawling city of Los Angeles, and new technology tools to target the industry continue to attract investor attention.

“Our 2020 goal is to build a full digital marketing solution for real estate agents looking to build successful, lead-generating digital brands,” said Malte Kramer, the company’s chief executive, in a statement.

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