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 Arbitrum, a text, image and video moderation service founded by German Gedgauds, who previously headed up Ask.fm’s moderation team and product, has raised $500,000 in funding. Backing the Riga, Latvia-based startup is Balaclava Lab, the investment vehicle of Ask.fm founders Ilja Terebin, Mark Terebin and Oskar Liepins. Read More

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