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Top10 Media Raises $3.5 Million of Venture Capital

Authored by Mark Hefflinger on October 30, 2006 - 3:25pm.
Cambridge, Mass. - Top10 Media, a provider of online networking services for publishing and retail applications, has raised $3.5 million in a round of venture capital led by Highland Capital Partners with participation from Schooner Capital and others. Founded last year, Cambridge, Mass.-based Top10 Media's service allows users to tap into blogs, podcasts, video, and mainstream news outlets on the Web. The company recently acquired Blogniscient, a set of algorithms that automatically categorize and rank user-generated and other Web-based content.
tags: Deals | Internet | VC | Online Publishing | Blogs | UGC | Web 2.0 | Top10 Media | Highland Capital |