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Quantcast is all set to raise a healthy $50 Million in its third round of funding for its Web Analytics service as reports state. There isn’t news that either tells or confirms who the investors are. Quantcast has been busy polishing itself up and releasing the Quantcast Media Program that provides targeted business based on the data on audience to both publishers and marketers. The current round would be the largest getting past the $20 Million it raised in its second round early last year.