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MEVIO Lands $15 Million Series C Funding

Thursday, July 10, 2008 5:47:00 AM PDT | VentureDeal Staff

San Francisco, California -- Digital media company MEVIO announced that it has raised $15 million in its third round of funding from a syndicate of venture capital firms.

MEVIO produces and develops its in-house lineup of what it calls "brand-safe" entertainment programming, which provides advertisers with a safe network to reach and engage audiences.

Crosslink Capital led the round, which included Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures and DAG Ventures.

The company said it would use the investment to continue expansion of its programming offerings and to launch new vertical entertainment networks.

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