Xconomy Boston

Publish2, Inc. Secures $2,750,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6f2b5ad-d3a9-4100-a24f-a152bdfbc4f0&Preview=1
Date
3/31/2008
Company Name
Publish2, Inc.
Mailing Address
338 Winchester St. Newton, MA 02461
Company Description
Publish2 is an online news aggregation platform, designed to empower the world’s journalists to discover, organize, and rank the most important news — to benefit their own reporting, their newsrooms, and all news consumers on the web.
Website
http://www.publish2.com
Transaction Type
Venture Equity
Transaction Amount
$2,750,000
Transaction Round
Series A
Proceeds Purposes
“This financing allows us to continue building a strong team aimed at developing a Web platform for journalists that helps them bookmark and organize news articles as part of their story research and staying on top of their beats, connect with other journalists with similar interests, and contribute to their newsrooms’ editorial efforts in linking to interesting news around the Web,” said Scott Karp, President and CEO, Publish2, Inc.
M&A Terms
Venture Investor
Velocity Interactive Group (FKA ComVentures)
Venture Investor
Velocity Interactive Group (FKA ComVentures)