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Flixster, the social network for movie lovers, has called down $5 million of its $8 million Series B round, according to PE Hub. The round was led by Pinnacle Ventures, with existing investor Lightspeed Venture Partners also participating. Having raised $2 million in its first round of funding, Flixster has had $10 million at its disposal for building up its web-based network and recommendation tool.
With over 1 billion movie ratings, a popular Facebook application and a spot on the top 10 list for online social networking, Flixster is among the quintessential niche social networks, and a primary contributing force towards the slew of personalized media recommendation tools that have emerged in the past year or so.