Monday, February 20, 2006
Texas Venture Capital Web 2.0 Blog » Blog Archive » Blogging business raises $12MM on $100MM pre-money:
"The 800 pound gorilla in the hosted blog business, Six Apart (I used their TypePad product for MSR), raised $12MM in their Series C financing. Om Malik suspects that the pre-money climbed north of $100MM. The investors have not been disclosed, but Om suspects that one of them might be Intel. Six Apart is being called THE core Web 2.0 infrastructure player. Possible exit? Om suggest that News Corp would be the best suitor. IDD has a good article on who to sell yourself to found here. "
"The 800 pound gorilla in the hosted blog business, Six Apart (I used their TypePad product for MSR), raised $12MM in their Series C financing. Om Malik suspects that the pre-money climbed north of $100MM. The investors have not been disclosed, but Om suspects that one of them might be Intel. Six Apart is being called THE core Web 2.0 infrastructure player. Possible exit? Om suggest that News Corp would be the best suitor. IDD has a good article on who to sell yourself to found here. "
Comments:
Post a Comment
