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Glam Media Secures $20 Million Venture Debt

Friday, April 11, 2008 5:36:00 AM PDT | VentureDeal Staff

BRISBANE, CA -- Internet media company Glam Media, Inc. has secured a $20 million debt facility, according to a company press release.

Glam operates a website and network of women's fashion-oriented sites.  The company aggregates these sites for premium advertising placements.

Hercules Technology Growth Capital made the investment.  The company said it would use the proceeds to continue its sales and marketing expansion efforts.

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