Digital Railroad Secures $10M In Second Round Funding

Digital Railroad, a New York-based company that allows photographers to market their images online, received $10 million in a second round of funding. The round was led by London-based firm DN Capital, along with existing investors Morgenthaler Ventures and Venrock Associates. The funding will be used to accelerate product development, fuel the launch of the Digital Railroad Marketplace and open international offices, starting with Milan. In addition to supporting product development, the new funding will enable the company to reach new markets worldwide. The company raised $5.2 million in its first round of funding in June 2005. Release
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