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Waterfront Raises $25 Million

Waterfront Media, a New York-based online health media company, has raised $25 million in fourth-round funding. Scale Venture Partners led the deal, and was joined by Foundation Capital and return backers Rho Ventures, Time Warner Ventures, BEV Capital, and Neocarta Ventures. It previously had raised $10 million in VC funding, plus $8 million in venture debt from Hercules Technology Growth Capital. www.waterfrontmedia.com