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 finance chiefs from the leading economies met in southern England to discuss measures to deal with the global economic crisis.
more »
Environmental projects up for bid at ‘auction floor’ conference in Brussels.
more »
In the United States increasing numbers of men are having vasectomies to avoid any added strain on hard-pressed finances.
more »
Within last year the number of settlement operations made by using AB Bank SNORAS payment cards grew by 21 per cent or twice more than on the market where 10 per cent growth was fixed.
more »
The “Erika III” package, aimed at protecting Europe's coasts from maritime disasters and improving passenger and crew safety, was adopted by Parliament on Wednesday.
more »
Improving the transparency and the supervision of the financial system to ensure proper risk management in the banking sector is the aim of legislation approved on Monday by the Economic and Monetary Affairs Committee.
more »
MEPs could back speeding up the rate at which Europe's regional funds are made available.
more »
The Commission has taken a humanitarian decision for €700,000 to provide assistance to communities affected by floods in Fiji, the Solomon Islands and Papua New Guinea.
more »
The international business magazine Euromoney has announced the results of its Private Banking Survey 2009, and Parex banka has received the award for “Best Private Banking Services Overall” in Latvia.
more »
Mass layoffs and inflation are pushing people to seek food aid.
more »