Tumblr Takes 750K Series A

 By 
Pete Cashmore
 on 
Tumblr Takes 750K Series A

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As a source told us yesterday, Tumblr has indeed taken funding. The 750K Series A round comes from Spark Capital and Union Square Ventures, an investor in micro-blogging rival Twitter. But Tumblr, our source says, isn't really a direct Twitter rival in the way Jaiku is; it's becoming more of a social feed, ala FriendFeed.

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