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French Auto Racing Site Racing-Live.com Raises $1.2 Million

Authored by Mark Hefflinger on November 15, 2005 - 6:18am.
Paris - Racing-Live.com, a France-based auto-racing website, has raised $1.2 million in its third round of venture capital financing, according to a posting on the blog Swiss Ventures. French venture capital firms Ventech, LV Capital and Xange led the round. Swiss Ventures said Racing.Live.com planned to use the funds to develop its premium content and wireless data service for Formula 1 racing fans. To date, the company has raised a total of $11.7 million.
tags: VC | Website | French | Auto | Racing-Live.com |