Marc Andreessen's Ning Raises Huge Round of Funding

Mike Arrington had the rumor first, and now Marc Andreessen has confirmed it: Ning, the mostly Andreessen-funded provider of services that let you create your own social-networking site, has raised a big round of $44 million, led by Legg Mason. Andreessen's calling it a series C, though I don't know how much he and his angels have put in.

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Marc's blog.

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