Tuesday, September 22, 2009

VentureBeat Buys TradeVibes, Takes On Crunchbase

Technology blog site VentureBeat announced today that it has acquired TradeVibes, a web site which featured profiles and information about high tech startups, and has turned into into Venturebeat Profiles, listing information about companies and executives. Financial terms of the acquisition were not disclosed. TradeVibes was backed by $900,000 in seed funding from Ron Conway, Aydin Senkut (Felicis Ventures), Dave McClure, and the Kinsey Hills Group. The new VentureBeat site is a direct competitor to TechCrunch's Crunchbase.