Seeking Alpha Raises $7 Million

Seeking Alpha is a financial news website that competes with The Wall Street Journal and Bloomberg. The company has just raised $7 million in Series B. The investors include DAG Ventures, Benchmark Capital, and Accel Partners. Seeking Alpha has over 3,700 contributors and now their content will be syndicated on Nasdaq.com.

Seeking Alpha receives over 4 million unique visitors per month based on Google Analytics. Seeking Alpha started in 2004 and was founded by David Jackson. The company raised their Series A round of funding in September 2006 from Benchmark and Accel.

Seeking Alpha makes money through advertising and job listings for hedge funds. The company publishes about 250 articles every day.

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