Online direct marketer QuinStreet gets $40M in VC

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Redwood City, Calif.-QuinStreet Inc., an online direct marketing start-up that builds Internet distribution platforms, has received a $40 million venture capital investment from St. Paul Venture Capital, Catterton Partners and others. QuinStreet, whose b-to-b clients include NorthPoint Communications Group Inc., will use the funding to develop its software for the direct selling and insurance markets.
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