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Investors Confirm Meerkat Funding

Confirming last week’s report, investors are telling TechCrunch that they have in fact pumped fresh capital into live-streaming service Meerkat. “Greylock has just confirmed the investment,” it writes. Yet, “Greylock isn’t talking about the financial details of the deal.” Last week, sources told TechCrunch that Meerkat had raised $12 million a $52 million at a valuation of $52 million.

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