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Admeld Pulls in $8 Million Second Round Investment

Friday, June 26, 2009 5:38:00 AM PDT | VentureDeal Staff

New York, New York  --  Software development company Admeld has secured $8 million in its second round of institutional venture capital financing.

Admeld says that it "provides advertising operation solutions in software development."

Foundry Group and Spark Capital co-led the round. The company said it would be used financing proceeds to accelerate its sales and product development efforts.

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