Significant resources for marketing and sales.
Published:
12 January 1999 y., Tuesday
Financial Web site TheStreet.com has started the new year rejuvenated. Officials announced Monday the publication has received of a $25 million in new financing. Oak Investment Partners led the round, which included Bowman Capital Management and Waller-Sutton Media Partners. The investment will be used to fund a provocative marketing campaign, a significant expansion of sales resources, an improved technology infrastructure and international expansion of TheStreet.com, the company said.
Monday_s investment follows a $10 million venture capital investment in May, 1998. All investors who had previously purchased stakes in the company made additional investments in this financing round. They include Chase Capital Partners, SOFTBANK Technology Ventures, Flatiron Partners and Pequot Capital Financing.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The European Commission has adopted additional legislative proposals today to further strengthen financial supervision in Europe.
more »
The EU has announced plans to regulate the market for derivatives – complex financial products that helped trigger the financial crisis.
more »
New proposals to help EU farmers through the milk price crisis were backed by Parliament on Thursday.
more »
The European Commission and the European Investment Bank (EIB) Group are organising a conference in Brussels on 22 and 23 October to further promote two initiatives designed to increase the use of financial engineering instruments in the framework of cohesion policy.
more »
The biggest thermal insulation production manufacturer in Finland “Finnfoam” has started the construction of a thermal insulation production plant in Kaunas FEZ.
more »
The European Investment Bank (EIB) is providing two loans in Hungary.
more »
Key Western Balkan projects to benefit from new funding EU, IFI financing to focus on infrastructure, SMEs and energy efficiency.
more »
Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor.
more »
On October this year AB Bank SNORAS will provide preferential UAB “Guarantee Fund of Agricultural Loans ” purpose loans to farmers and companies, which scope of activity is economic activity and processing of agricultural production.
more »
The European Commission has today approved an application from Austria for assistance under the European Globalisation Adjustment Fund (EGF).
more »