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Friday Mar 14, 2008

Thumbplay Gets $18 Million Infusion

Mobile content aggregator Thumbplay has snagged $18 million in a fifth funding round. Softbank Capital, i-Hatch Ventures and Verizon Investments all contributed.

According to PaidContent.org, news of the financing is somewhat surprising because Thumbplay had reportedly put itself up for sale. The Web site says that Thumbplay had even gone so far as to hire Morgan Stanley to investigate some strategic options.

Posted by Susan | 01:32 PM | Portals

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