I/PRO raises $7 million in financing

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Internet Profiles Corp. closed a $7 million round of financing March 9 to support the company's next phase of growth, including the rollout of online management service Dispatch. Joining new investor Foundation Capital are Cognizant Enterprises, Gannett Co., Hearst New Media, Interpublic Group of Cos., Nielsen Media Research, Softbank Technology Ventures, Sutter Hill Ventures and Trident Capital.

Copyright March 1998, Crain Communications Inc.

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