O’Reilly AlphaTech Ventures, the corporate venturing unit of US-based media company O’Reilly Media, has helped Bit.ly, a US-based URL shortening company, raise $15m. The round was led by venture firm Khosla Ventures and also included RRE Ventures. In 2010 Bitly raised $10m in a series B round, which was also backed by AOL’s corporate venturing…
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