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FeedRoom Draws $12M in Financing from NewSpring

Web video solution firm The Feedroom raised $12 million in a growth round of funding from NewSpring Capital. BEV Capital and Velocity Equity Partners also contributed.

Funds will be used to develop its fourth-generation video platform, slated for release in late 2008, and expand its sales team.

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FeedRoom Draws $12M in Financing from NewSpring

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