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TidalTV Closes New Venture Investment Round

Thursday, February 18, 2010 5:39:00 AM PDT | VentureDeal Staff

Baltimore, Maryland  --  Internet digital media company TidalTV has secured $16 million in a second round of institutional venture capital and strategic investment.

TidalTV hopes to bring the television experience to personal computers via its proprietary video advertising decisioning technology.

Comcast Interactive Capital was the lead investor in the round, which also included New Enterprise Associates and Valhalla Partners.  The company said it would use the funding to invest in its advertising solutions.

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