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Magnify.net Funded
Magnify.net, one of the video sharing startups that launched at DEMO, has raised $1.2 million in a first round of funding led by New York Angels and NextStage Capital. Other investors included Chris Anderson of the TED Conference, Active Angel Investors of Washington DC, and Stage 1 Ventures.

Source: http://mashable.com/2007/02/12/magnify/

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