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Vendare Group Receives Funding

Sherman Oaks-based Vendare Group announced that the company has received late-stage funding from Insight Venture Partners. Amont of funding was not disclosed. The online media and marketing company develops an array of web sites and Internet brands, including Uproar.com, and recently acquired New.net. The company also said that Deven Parekh of Insight Venture Partners joined the board of directors. The Vendare Group is backed by Idealab. More information »