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FM Raises $50 Million From Oak Investment Partners

Oak Investment Partners has made a $50 million minority investment in FM, and Oak’s Fred Harmon with join the board. Here’s the press release.

Here’s some coverage at Boing Boing, AdWeek, CNET, MediaPost, and TechCrunch.

The editorial staff at ChasNote was disappointed to learn this does not mean they will be traveling first class to investigative-reporting boondoggles.