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Hudl just raised $72.5 million


Well this is interesting. Hudl just raised $72.5 million.

CEO David Graff told re/code that he plans to use some of the money to grow the staff; but he's also looking for acquisition targets.

Hudl, which has been profitable for years, didn't need to raise money to support hiring a few new people. Sounds to The Scoop like something larger is in the works. Stay tuned...

Will check with some folks and update.