Real Media completes $30 million financing round, adds Internet ad company in Sweden

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Online ad network Real Media, New York, secured a $30 million financing round from existing investors and completed the acquisition of Internetsaljarna AB, a Swedish i-shop. The Swedish agency will be integrated into Real Media's existing Stockholm office as Real Media Sweden. Real Media plans to use its financing proceeds to advance infrastructure development, extend marketing and client service reach and to fund both national and international expansion.

Copyright August 2000, Crain Communications Inc.

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