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Adconion Adds $34 Million Venture Capital Debt

Tuesday, May 10, 2011 5:34:00 AM PDT | VentureDeal Staff

   Santa Monica, California  --  Digital media company Adconion has secured $34 million in new venture capital debt, according to a report in Paid Content.

Adconion has created a large, independent global digital advertising network.

Silicon Valley Bank made the debt facility. The company said it would use the funding proceeds for general working capital and potential acquisitions.

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