Web 2.0 News

FM Raises Another $4.5M; Are They Having Difficulty Filling Inventory?
Reports from PEHub and Mashable indicate a new $4.5 million Series B round of funding for Federated Media. Congrats! Federated Media provides advertising for some of the world's largest blogs including: TechCrunch (TC is in "open warfare" and looking for a replacement), Read/WriteWeb, GigaOm, Mashable, ArsTechnica, TechDirt and about 100 other blogs.

Source: http://www.centernetworks.com/fm-raises-another-4-5m