Denver - Associated Content, an online media firm that mixes professional and user-generated content, has raised $10 million in its second round of venture capital financing, led by Canaan Partners.

Previous investors Softbank Capital and Tim Armstrong also participated.

Founded in 2005, Denver-based Associated Content features a network of over 70,000 content producers that contribute to its ad-supported site; the company also operates a syndication engine for its library.

Associated Content will use the funds to grow its network of content producers, and to enhance its publishing and distribution platforms.

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http://www.associatedcontent.com