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MIVA Snares $10 Million Venture Debt

Tuesday, November 11, 2008 5:38:00 AM PDT | VentureDeal Staff
Fort Myers, Florida  --  Internet company MIVA announced that it has raised $10 million in a new line of credit.

MIVA helps businesses grow through what it calls "performance marketing services." The company sets up online storefronts, and can assist in delivering visitors to company websites.

Bridge Bank made the venture debt line of credit facility. The company did not disclose how it would use the funding proceeds.

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