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Online CD Swap Shop LaLa Media Raises $5.7M In Second Round Funding

Online music store LaLa Media has raised $5.7 million in second round funding, according to PEHub. Returning backers include Bain Capital Ventures and Ignition Partners. The Palo Alto-based company’s online music store lets music fans trade CDs they own for CDs they want for $1 a CD.
Related:
CD Swapping Site Lala.com Gets $9 Million Funding