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AdOne adds funding

Published on .

AdOne Classified Network, a centralized marketplace for newspaper classified ads on the World Wide Web, said it has received a multimillion-dollar equity investment from Lawrence, Smith & Horey, a New York venture capital investment firm specializing in new media. AdOne features classified ads from more than 200 publications with a combined readership of 11.5 million. It said the financing would be used to expand its operations, marketing efforts and staff.

Copyright September 1996 Crain Communications Inc.

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