Xconomy | Boston - Business + Technology in the Exponential Economy

UpDown.com Secures $750,000 New Financing Round

  • Feed Type
  • Date
    1/30/2008
  • Company Name
    UpDown.com
  • Mailing Address
    Undisclosed Cambridge, MA 02140
  • Company Description
    In addition to giving members $1,000,000 in virtual money to invest, UpDown.com provides a platform for investors to improve their skills through collaboration, competition and aggregated wisdom. Described by major media outlets as “fantasy football meets the trading floor,” UpDown.com is the only free investment platform that allows members to earn money with zero risk of financial loss.
  • Website
    http://www.updown.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $750,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Joachim Schoss

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