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UUSee - the YouTube Killer - gets more funding - $23 million worth
UUSee, a self-called YouTube and Joost combo for the Chinese TV market, has received additional funding to the tune of $23.5 million dollars. The financing is backed by Draper Fisher Jurvetson, Highland Capital Partners, Steamboat Ventures. Other firms on board include Sequoia Capital China and SIG.

Source: http://www.centernetworks.com/uusee-the-youtube-killer-gets-more-funding

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