San Francisco
- GoFish, a San Francisco-based online youth entertainment and media network
that draws about 69 million unique visitors a month, said on Thursday that it
has secured $22.5 million through a private placement co-led by Panorama
Capital, Rustic Canyon Partners and Rembrandt Venture Partners.
The company
will use part of the proceeds to repay all of its outstand debt and further
expand its sales and marketing team.
Under the terms of the financing, the
investors have committed to invest $22.5 million, with an option to invest an
additional $2.5 million over the next few weeks.
Related Links:
http://www.businesswire.com/news/home/20081204005379/en
http://www.gofishcorp.com
Comments
Post new comment