Associated Content Lands $6 Million for Publishing PlatformAuthored by Mark Hefflinger on April 29, 2009 - 6:33am.
Denver, Colo. - Associated Content, the operator of
an open online publishing platform, announced on Wednesday that it has raised
$6 million in its third round of venture capital financing.
Investors included SoftBank Capital, Canaan Partners and Tim Armstrong. Founded in 2005, Colorado-based Associated Content offers a platform that lets amateur and professional content creators alike publish and monetize their content online. The company, which recently named former CBS Interactive executive Patrick Keane as CEO, counts a network of 250,000 site contributors, and an archive of more than one million pieces of unique content. Associated Content will use the new funds for consumer, platform, publisher and advertiser growth.
Related Links: tags: Deals | VC | Advertising | Publishing | Associated Content | Canaan Partners | Softbank Capital |
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