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Will Federated Media Pay $30 Million To Its Network Blogs and OpenX?

Files under: News
Posted by: Quintura @ 10:58 [4. 04. 08]

There are reports in the blogosphere (first, here) rumoring that Federated Media Publishing (FM) raised $50 million at a $200 million pre-money valuation. FM is essentially online media sales house that brokers display (banner) and other ads on some two hundred blogs and other sites. It is powered by an open source ad server software [...]