paidContent.org - The Economics of Content

Current Story

Online Financial Researcher The Markets.com Closes $30 Million Investment

By David Kaplan - Thu 12 Jul 2007 12:03 PM PST

TheMarkets.com, a site that provides research for institutional investors, has closed on a $30 million investment designed to help it expand its operations to match what it said was a growing demand for its services. In particular, the New York-based company claims that its main research product has garnered triple-digit annual growth for the past four years. The company received the financing from the 11 investment banking/financial information firms that own it, including Morgan Stanley, which was one of the five backers that led the round. The other 10 owners are Reuters, Merrill Lynch, Citigroup, Deutsche Bank, Goldman Sachs, Banc of America, Lehman Brothers, UBS, Credit Suisse and Dresdner Kleinwort. Release

Posted in: Information, Biz & Fin, Money, VC+M&A



Related Research from Alacrastore.com
1 Response:
Post Your Comment

Mobile Options

» Mobile App
» Mobile/WAP Site

Send a News Tip

About

paidContent.org, flagship of the ContentNext Media network, provides global coverage of the business of digital content.

Rafat Ali
Publisher & Co-Editor

Staci D. Kramer
Co-Editor

David Kaplan
Senior Correspondent

Joseph Weisenthal
Correspondent

Robert Andrews
U.K. Editor

Amanda Natividad
Editorial Producer

Online Ad Deals Report

Social Media Report

New Media/Interactive Job Listings

Post Job
More Jobs

Generous Supporters