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Broadband Ad Delivery Firm Lightningcast Adds Two New Investors

Authored by Mark Hefflinger on November 22, 2004 - 4:36am.
Washington, DC -- About four months after raising $5 million in a round of venture capital financing, DC-based Lightningcast, a maker of software for broadband advertising, said on Monday that it has added two new investors -- WWC Capital and the Washington Dinner Club. The amount of the additional funding was not disclosed, but the company said that it plans to use it to accelerate product development and expand its sales organization in response to increase demand for its products. The company's clients include AOL, Disney/ABC, Microsoft and MTV.
http://www.lightningcast.com/articles/news11.htm

tags: Broadband | Lightningcast | Investors |



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