iName nabs $14 mil in financing

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E-mail provider iName raised $14 million in a private round of financing, it announced Sept. 14. Investors include Sycamore Ventures, J&W Seligman & Co. and Primus Venture Partners. The money will be used toward building up iName's infrastructure, ad network capabilities and e-mail features for users.

Copyright September 1998, Crain Communications Inc.

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