Financial Services Firm Motley Fool Raises $25 Million

Authored by Mark Hefflinger on November 2, 2009 - 8:12am.
Chantilly, Va. - The Motley Fool, a multimedia financial services and news publishing company, has received a $25 million investment from BIA Digital Partners and Patriot Capital II.

Founded in 1993, Virginia-based Motley Fool publishes financial industry-related news websites, subscription newsletter services and podcasts, and also recently launches an asset management business.

The company will use the funds to provide shareholder equity, growth capital and for general corporate purposes.

 

Related Links:
http://eon.businesswire.com/news/eon/20091102006169/en

http://www.fool.com

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