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Eric Eldon over at Venturebeat is publishing a rumor today regarding information from one of his 'solid sources' that Federated Media has raised $50 million for the advertising network. The investment puts the valuation of FM at $200 million, and reportedly came from private equity firm Oak Hill Capital Partners.
This round of funding, if confirmed to be fact, would be the first reported venture round since their Series B back in August where they raised $4.5 million. This round of fundraising may or may not be the same chunk of change that Eldon reported on two weeks ago, when the word on the street was that FM was raising $30 million at the same valuation.