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Dataxu Nets $11 Million Venture Capital Investment

Wednesday, March 10, 2010 5:53:00 AM PDT | VentureDeal Staff

Boston, Massachusetts  --  Digital advertising technology company Dataxu has garnered $11 million in its latest round of venture capital funding.

Dataxu says that its service will disrupt how advertising is bought and sold on the Internet.

Menlo Ventures led the round, which also included Flybridge Capital Partners and Atlas Venture.  The company did not disclose how the funding proceeds would be used.

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