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Go Internet Media, an online marketing and advertisement network has bagged in $10 million in its first round. The funding was provided by Kennet Partners based in the United Kingdom. The company will utilize these funds to further grow its sales and might just steer clear of the falling ad rates that have been predicted for the current year as it doesn’t incorporate CPM ad system. Its president, Al Abhari said in a press release:

We are confident that the alliance with Kennet and new infusion of capital will fuel the continued growth of our organization. It will allow us the opportunity to take a leading position within the Post-Secondary Education interactive marketing and Cost Per Action (CPA) affiliate marketing industries.