Los Angeles - Web publishing start-up CrowdFusion has raised $3 million in its first round of venture capital financing, led by Velocity Interactive Group, Greycroft Partners and Marc Andreessen, PaidContent reported.

CrowdFusion was founded by Brian Alvey, creator of the Weblogs Inc. publishing network that was sold to AOL.

The company is expected to launch a range of vertical content sites based on its Web publishing platform sometime in the fall.

Related Links:
http://snipurl.com/38fx7 (PaidContent)

http://www.crowdfusion.com