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Collective Media Clicks On $20 Million Venture Capital

Wednesday, April 15, 2009 5:33:00 AM PDT | VentureDeal Staff

New York, New York  --  Internet company Collective Media has landed a $20 million venture capital financing round.

Collective Media has created an online advertising network specializing in audience targeting and optimization solutions.

Accel Partners led the round, which also included iNovia Capital and Greycroft Partners.the company said it would use the funding proceeds to accelerate its platform development and expand internationally.

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