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Fotolog captures cash

Blog community for photo sharing raises $2.4 million from BV Capital, other backers.

Fotolog.net, a blog community for photo sharing, said Monday that it raised $2.4 million from BV Capital, among other backers.

New York-based Fotolog, founded in 2002, lets people create blogs and share photos with others. The company said it has nearly 1 million members. It competes with photo blogs including Flickr, which Yahoo recently acquired.