Thursday, May 17, 2012

Bitly Kinda Says It?s Not Raising $20M, But Sorta Hints That It Is

bitly logoIs link shortener Bitly raising $20 million in new funding? The Verge says it is. In response to my email, a company spokesperson denied The Verge's story, but in vague enough terms that it could probably turn around and announce a new round in the next few weeks or months. Here's what the spokesperson told me:

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