Health-info site HealthCentral Network pulls in $50M
(UPDATED: IAC put out a release this morning — see below.)
The HealthCentral Network, an Arlington, Va., collection of health-information sites, raised roughly $50 million, paidContent reports. Investors included some big names, include Barry Diller’s online media and commerce conglomerate IAC, Sequoia Capital, Carlyle Group and Polaris Venture Partners.
HealthCentral runs about 30 health-related Web sites, ranging from general-info offerings like HealthCentral.com to disease-specific sites such as OurAlzheimers.com and MultipleSclerosisCentral.com. (The company also owns the DrKoop.com name, although… Continue Reading
MerchantCircle, helps small businesses market online — aggressively
Online advertising remains hot. But with Google, Microsoft and Yahoo fighting to serve advertising to large companies and publishers, smaller business clients are left neglected.
MerchantCircle, a controversial Silicon Valley company helping thousands of small businesses market themselves online, has raised $10 million in financing to pursue these small businesses further.
It has also arranged a credit line with Square 1 Bank to acquire other rivals in the sector.
The Los Altos, Calif. company has been accused of… Continue Reading