George S. May Business Blog

Seeking Alpha pulls in $7 million in their second round of funding

Financial information and analysis website, Seeking Alpha, has managed to raise $7 million in their second round of funding, PaidContent reports. The leading investor was DAG Ventures along with existing Seeking Alpha investors Accel Partners and Benchmark. David Jackson, Founder and CEO, said in an email to PaidContent that the cash will “support the [site's] innovation and growth plans for the coming years.”

I would like to extend a ‘Kudos’ to Seeking Alpha and any company, for that matter, that is able to raise such great funds amidst our wilted economy.

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