VentureBeat raises $2.6 million
VentureBeat has announced that it has raised $2.6 million in funding. Crosslink Capital led this round of funding with participation from WaldenVC, Formation8, KDDI and Icon Venture Partners. VentureBeat plans to use the funding to build out its research division VB Insight.
“Our community has been asking for this kind of solution for quite some time. VB Insight is our answer,” said Matt Marshall, VentureBeat CEO. “The funding from Crosslink and the other investors will enable us to realize the potential of this offering, as well as enrich our news and conferences with the latest real-world experience and real-time intelligence.”
VentureBeat receives around 7.5 million visitors per month and offers insight into emerging technologies and trends.