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GeoCities gets backing

Published on .

GeoCities closed a $9 million investment from Softbank Holdings, Chase Capital Partners, InnoCal, CMG@Ventures and Flatiron Partners. GeoCities is a mega-site offering free home page development for consumers interested in building their own sites in any of 29 themed communities online. To date, more than 300,000 people have built sites on the service.

Copyright January 1997, Crain Communications Inc.

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