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Balihoo Scores $4M

Boise, Idaho-based Balihoo, a provider of software for media planning, said Thursday that the firm has raised $4M in a Series B funding round. Balihoo said the funding came from Highway 12 Ventures, along with existing investor Lacuna Capital. Balihoo will use the funding to boost the firm's sales and marketing efforts. Balihoo develops software used for finding advertising opportunities. More information »