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Valence Connects With $2.5M For Black Social Networking

Los Angeles-based Valence, which is developing a social network specifically for black professionals, has raised $2.5M in funding, the company said this week. The funding was led by Upfront Ventures, and also included funding from Sinai Ventures, Human Ventures, High Alpha and angels Paul Judge, Peggy Alford and Willie Alford. The company was co-

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