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GeoCities venture nets an investment

Published on .

CMG@Ventures has acquired a stake in GeoCities, a Beverly Hills, Calif.-based developer of online communities. Terms weren't disclosed. The GeoCities concept allows people to build their own Web pages and house them in "cities" representing various interest categories. The company says users have created more than 25,000 pages of content in such city concepts as SiliconValley, Paris, Tokyo, WestHollywood and TimesSquare. CMG's other investments include Lycos and Ikonic Interactive.

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