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VC, funding, deals

Safeguard Gives Swaptree $3.35 Million

Wade Roush 9/23/08

Swaptree, a Boston-based Web startup that helps people trade used books, CDs, DVDs, and video games, has obtained $3.35 million in Series C funding from Wayne, PA-based Safeguard Scientifics, according to a release today from Safeguard. The company’s advertising-supported Swaptree.com site matches up people who want to swap media items and helps them print out shipping labels.

Wade Roush is Xconomy's chief correspondent. You can e-mail him at wroush@xconomy.com, call him at (617) 252-7323, or follow him on Twitter at http://twitter.com/wroush.


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