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Associated Content Clears $10 Million Series B Round

Thursday, August 2, 2007 5:00:00 AM PDT | VentureDeal Staff
STANFORD, CA -- Online publisher Associated Content announced at the AlwaysOn Stanford Summit 2007 that it has received $10 million in expansion funding for its second financing round.

The company calls itself "The People's Media Company," said that the new funding will enable it to increase its ability to attract content producers and enhance its publishing and distribution platforms.

Canaan Partners led the new round, which included existing investors Softbank Capital and Tim Armstrong.  Associated was founded in 2005 and contains content from more than 70,000 content producers.

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