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Rand Capital Corp. is investing $1.25 million in a New Jersey-based call center operator as part of a $3 million round of fundraising.

Rand joined another investment company, Connecticut-based Kidd & Co., in providing funding for iPacesetters, which operates customer acquisition and retention call centers in seven states and two other countries.

iPacesetters, which was founded more than 25 years ago, has customers in the cable and broadband industry, along with telecommunications, security, financial services energy and healthcare sectors.