Swaptree Raises $4.8 Million

Wade Roush3/16/10

Swaptree, a Boston startup whose website allows members to trade used books, DVDs, CDs, and video games, has raised $4.8 million out of a planned $6 million offering involving equity, options, and warrants, according to a regulatory filing published today. Swaptree’s $3.35 million Series C financing round in September 2008 came from Safeguard Scientifics of Wayne, PA; the company has not identified the source of the newest funding.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.