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Online Advertising Keeps Getting Money

By Daya Baran at July 20, 2008 0 Comments  

Investment dollars continue to move into the online advertising market despite signs of weakness. ContextWeb, the contextual advertising company, has closed over $26 million. Savvian Advisors served as placement agent. They were the same agent for Federated Media on its $50 million funding, and is reported to be advising SocialMedia.com which is looking to raise $20 million.

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