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Quibi Raises Another $350 Million

By
Martin Peers
· · Source: Variety

Jeffrey Katzenberg’s Quibi raised another $350 million to complete its second round of funding at a total of $750 million, Variety reported. The final size of the round is significantly bigger than the $500 million Quibi was originally seeking, putting the startup in a better position ahead of its mobile video service’s launch this spring. Quibi didn’t disclose names of the investors in the...

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