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Demand Media hits $355m investment

PE Hub is reporting that Demand Media, the Santa Monica based domain name aggregator and registrar, has raised $35 million in additional Series D funding. The company has now raised $355m in total.

Their marketing blurb says .. TM is a social media company that connects content creators and large audiences with advertisers through its network of vertical media web properties. By using its proprietary social media tools and the unique distribution platform of the world’s second largest domain registrar, provides an interactive, personalized and vertically-focused media experience for users.

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