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The Active Network, which owns sports portal Active.com and also provides Web-based marketing and other services, just raised $80 million closing a round of funding led by Disney's ESPN Networks. It's Active Networks' fifth round since 1999, increasing total investment in the company to $275 million. In 2004, Active filed for a $46 million IPO, but pulled it back due to unfavorable conditions, which of course, have only deteriorated since. Active says it plans to spend the money on infrastructure and more acquisitions. In the past two years, the company's acquired 11 others in total. Nobody will say if the company's profitable — which probably means its not — but PaidContent heard Active pulled $107 million in revenue in 2007.