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B5media secures major funding

by Grace on October 9th, 2006

b5mediaThis post comes four days late… blame that on the hang overs that happened after… but here’s a major development at b5media, where this blog belongs. Thanks to our founders and many other people working behind the scene, b5media just scored a whopping US$2 Million in venture capital funding!

Says our president and CEO Jeremy Wright:

“There are tremendous growth opportunities and we plan to expand strategically to appeal to a broad market.

We are working in a fantastic industry. In the year since we launched, we have made major progress attracting readers to our high-quality content, which is produced by an engaged and excited group of bloggers. The extra resources now available to us will only increase these areas as key strengths of b5media going forward.”

The complete news release is found here. Way to go!

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