Iwin.com nets $25 mil in financing

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Incentive games site iwin.com raised $25 million in a second round of financing. Investors include Rader Reinfrank & Co., Transatlantic Venture Fund and Ridgewood Capital. The ad-supported site, which was launched Nov. 15, has 1 million registered users and offers prizes that include cash and what it calls fantasy opportunities, such as walk-on TV roles or Hollywood studio tours.

Copyright January 2000, Crain Communications Inc.

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