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The FeedRoom snaps up $5.4 million

    Broadband network operator The FeedRoom has raised $5.4 million in a third round of funding from current and new investors, the company announced Thursday. Investors in the round include new investor Circle T Partners, a New York-based hedge fund, in addition to existing investors Warburg Pincus, Ridgewood Capital, Constellation Ventures, Intel Capital and other investors. New York-based FeedRoom operates a network of 70 online streaming video Web sites. The company, which has raised a total of $40.4 million, plans to use the money to expand its customer base.