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Latino Video Network Mitu Raises $15 Million

Mitu Inc, a Latino-based Web video company, has raised $15 million in a round led by previous investor Upfront Ventures; new investors include Daher Capital, Northgate Ventures and AMC Networks Inc. The company, which says it generates 700 million video views a month, had previously raised $13 million, including a $10 million round last spring.

This article originally appeared on Recode.net.

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