One True Media Raises Second Round

One True Media Inc., a Redwood City, Calif.-based provider of online editing and sharing tools for videos and photos, has called down $8 million of a $10 million Series B round (including $2 million in called convertible notes), according to a regulatory filing. DAG Ventures was joined by return backer Kleiner Perkins Caufield & Byers. www.onetruemedia.com

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