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We were sent a tip earlier today saying that video sharing site DailyMotion might be headed for a €350 million acquisition. While I'm very skeptical about that one (let us know if you have more info), my digging did deliver some other DailyMotion news: the video sharing site has raised $34 million in VC funding.
The money comes from London-based Advent Venture Partners LLP and Paris-based AGF Private Equity. That's on top of $9.5 million raised in October 2006 from Atlas Venture and Partech International.