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Cinemagram says "What Crunch?", raises $8.5 million.

Stashed in: @shervin, @lizgannes

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Thank you @shervin for showing us SOMEONE still does deals.

“We’re streaming tens of terabytes a week of data, so the funding will go towards that,” Chalasani said. Plus, the five-person Cinemagram team has just moved from Montreal to San Francisco, where it’s looking to hire. And they still need to make an Android app.

Tens of terabytes a week? That sounds... Expensive.

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