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Associated Content Raises $5.4M

Denver, Colorado-based Associated Content has raised $5.4M in a Series A funding round led by SoftBank Capital. The firm, which is developing a user-driven, content portal, said that the funding will be used to fund its web site. The company provides publishing tools that allows users to create and publish their own content. As part of the funding, Eric Hippeau and Mike Perlis of SoftBank Capital will join the board. More information »