Finance site Geezeo raises $1.2M from TheStreet.com
Geezeo, a site that helps you manage credit cards, loans, checking and savings accounts and more, has raised $1.2 million from investment site TheStreet.com. The deal gives TheStreet.com a 13 percent stake and an option to purchase the Framingham, Mass. startup at an equity value of $12 million.
Geezeo competes with other financial management sites like Mint and Wesabe. TheStreet.com owns sites like Stockpickr.com and MainStreet.com, and received a $55 million investment from Technology Crossover Ventures… Continue Reading
TheStreet.com trades ownership stake to Technology Crossover Ventures
TheStreet.com, an investment-related media property located in Palo Alto, is a dotcom survivor founded in the late 1990’s. Like other older web companies, among them Ask.com and CNET, it’s trying to diversify away from its core offering.
The $55 million that Technology Crossover Ventures is plowing into the company will help it with further acquisitions and initiatives. TheStreet recently acquired Bankingmyway.com and Stockpickr.com, among others, and launched Mainstreet.com.
With TheStreet’s current market cap at over $400 million,… Continue Reading