Topica rounds up $28 mil in latest round of financing

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Topica, an online company that hosts thousands of e-mail newsletters and discussion groups, has raised $28 million in its latest round of financing. Morgan Stanley Dean Witter Private Equity and co-investor TLcom Capital Partners, a European venture fund, were lead investors in the equity round. Topica delivers more than 250 million e-mails a month and has more than 10 million subscriptions.

Copyright July 2000, Crain Communications Inc.

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