Fellow Blog Company, VentureBeat Raises $320K In Seed Capital. Wo0T!
| Amit Chowdhry | Monday, February 11th, 2008 | 311 Views 
VentureBeat, a blog about technology company venture capital announced today that they have raised seed capital to hire more writers and grow their network. The blog was started by Matt Marshall, a former San Jose Mercury News writer.
Investors include Georges Harik, Aydin Senkut, Mike Brown, and Philippe Cases. Harik and Senkut are former Google employees. Brown is a Principal at Foundation Capital. Cases is a Venture Partner at Partech International. Investment companies include MHS Capital, Amidzad, and White Sand Group.
Om Malik previously raised 2 rounds of funding for GigaOm.com’s network of blogs. And Jason Calacanis previously sold Weblog, Inc. (a network of blogs) to AOL for $25 million.
Mo’ Money, Mo’ Problems
peHUB and VentureBeat are beefing with each other over the news. But both companies shouldn’t be trying to run each other off the information superhighway roads. This news is a victory for technology blogs everywhere.
