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Monetate Lands $5 Million In New Venture Capital Round

Tuesday, December 07, 2010 5:50:00 AM PDT | VentureDeal Staff

   Conshohocken, Pennsylvania  --  Website technology company Monetate has secured $5.1 million in a new round of institutional venture capital investment.

Monetate has created testing, targeting and personalization technologies to optimize consumer-oriented websites.

First Round Capital and Floodgate were among the investors. The company said it would use the funding for expansion purposes.

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