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BuzzFeed Buzzes In Venture Capital Financing

Monday, July 14, 2008 6:03:00 AM PDT | VentureDeal Staff

New York, New York --  Internet company BuzzFeed has raised $3.5 million in its first round of venture capital investment, according to a report in PE hub.

The company operates a website that aggregates pop-culture, news, music and video according to their relative popularity.

SoftBank Capital and Hearst Interactive Media were among the investors.  The company did not disclose how it would use the funding proceeds.

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