Xconomy Boston

Spire Company Associates, Inc. Obtains $9,000,000 Series A Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fb6360db-e395-408c-aef5-820cd71808f4&Preview=1
Date
7/8/2008
Company Name
Spire Company Associates, Inc.
Mailing Address
300 Summer Street Boston, MA 02210
Company Description
The company develops lifestyle websites and provides related services.
Website
http://www.spire.com
Transaction Type
Venture Equity
Transaction Amount
$9,000,000
Transaction Round
Series A
Proceeds Purposes
Funds will be used as working capital to support the execution and expansion of Spire.com, the first of its kind social resource to target an affluent demographic.
M&A Terms
Venture Investor
Hearst Interactive Media
Venture Investor
Trident Capital
Venture Investor
TL Ventures