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Adauction.com taps $7 mil in funding

Published on .

Advertising impression site Adauction.com, San Francisco, locked in more than $7 million in financing. Digital-media venture-capital company Convergence Partners is the lead investor. Other funders include Geneva Partners, BZ Partners, Silicon Valley Bank and numerous private sources. The company Adauction.com has raised a total of $10 million since it began operating in September 1997.

Copyright December 1998, Crain Communications Inc.

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