Significant resources for marketing and sales.
Published:
12 January 1999 y., Tuesday
Financial Web site TheStreet.com has started the new year rejuvenated. Officials announced Monday the publication has received of a $25 million in new financing. Oak Investment Partners led the round, which included Bowman Capital Management and Waller-Sutton Media Partners. The investment will be used to fund a provocative marketing campaign, a significant expansion of sales resources, an improved technology infrastructure and international expansion of TheStreet.com, the company said.
Monday_s investment follows a $10 million venture capital investment in May, 1998. All investors who had previously purchased stakes in the company made additional investments in this financing round. They include Chase Capital Partners, SOFTBANK Technology Ventures, Flatiron Partners and Pequot Capital Financing.
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
President of the Republic of Lithuania Dalia Grybauskaitė welcomed the decision taken by the U.S. Government to transport shipments for the international mission in Afghanistan by transit via the Klaipėda Seaport.
more »
EU Solidarity Fund aid to repair storm damage in France and Portugal was approved by the Budgets Committee on Thursday.
more »
The European Investment Bank and the Government of Samoa formally agreed to support the rehabilitation and upgrade of independent water schemes in the Pacific island state under a EUR 250,000 technical assistance programme.
more »
Steps to overhaul the European Union's flagship single market were discussed on Tuesday (9 November) by MEPs and interested parties.
more »
Strategy to secure a sustainable EU energy supply and support economic growth over the next decade.
more »
EU funding to help 850 former workers in the aircraft maintenance industry around Dublin find new jobs was approved by the European Parliament on Thursday.
more »
Saffron farmers in western Afghanistan hope to oust opium as a harvest crop.
more »
The European Commission has approved an application from Poland for assistance from the European Globalisation adjustment Fund (EGF).
more »
New plans for EU industry to create jobs while keeping manufacturing in Europe.
more »
The European Commission has approved two applications from Spain for assistance from the EU Globalisation Adjustment Fund (EGF).
more »