Investing Sites Draw Interest
Thursday, December 3rd, 2009Two funding deals and an acquisition recently involving financial information sites show there’s plenty of interest in sites that provide content about money in a fresh, compelling way.
Recent entrant StockTwits raised a $3 million Series B led by Foundry Group with participation from existing investor True Ventures. Meanwhile, Seeking Alpha Ltd. raised $7 million in Series B financing led by DAG Ventures with participation from Benchmark Capital, which provided undisclosed funding in 2006, and Accel Partners.
Also this week, Thomson Reuters Corp. (TRI) closed its acquisition of financial commentary site Breakingviews. It didn’t disclose the financial terms of the …
