Wednesday, May 25, 2011

GigaOm Raises Another $6 Million At $40 Million+ Valuation

Tech blog and research startup Giga Omni Media (GigaOm) has raised another $6 million in venture capital, on top of the $8.33 million previously raised. New investor Reed Elsevier Ventures led the round, with participation from previous investors True Ventures and Alloy Ventures. The rumored valuation of the company, we've heard from sources, was over $40 million. They aren't commenting on valuation.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Bk-dYTvppwM/

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