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ExactTarget Hits $70 Million In Venture Capital Funding

Friday, May 8, 2009 5:52:00 AM PDT | VentureDeal Staff

Indianapolis, Indiana  --  Email service provider ExactTarget has landed $70 million in a new round of venture capital funding.

ExactTarget assists online marketers by providing an on-demand service for their email marketing campaigns.

Battery Ventures led the round, which also included Scale Venture Partners and Montague Newhall Associates. The company did not disclose how the funding proceeds would be used.

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