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Mevio Closes $10 Million Venture Capital Debt Facility

Thursday, March 8, 2012 5:48:00 AM PDT | VentureDeal Staff

 San Francisco, California  --  Internet company Mevio has inked $10 million in new venture capital debt financing.

Mevio has created technology that hosts networks of personality-driven episodic entertainment online.

ORIX Venture Finance made the credit facilities, which will be used to expand production capabilities and increase sales and marketing efforts.

Mevio is backed by a syndicate of top-tier venture capital firms.

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