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The Process of Fundraising and Making Sausage

On April 28th we held a contest for the first blogger to post five details of the Series B Socialtext closed. Now, the details are out in our local paper. Socialtext raised a $3.1 million Series B round led by Tim Draper at DFJ that closed on April 15th.

CEO: Socialtext Raises Series B Venture Round

Socialtext raised a Series B round of venture capital. That's the only clue I'm going to give you, clues are out there.