thenextweb.com - 1 year ago

Crunchbase leaves AOL, now seeking funding

crunchbaselogo520x245.pngCrunchbase, the startup database service operated by TechCrunch, is now spinning out into its own company. Announced onstage in San Francisco at TechCrunch Disrupt 2015, TechCrunch COO and General Manager of AOL Media Ned Desmond announced that Crunchbase will leave AOL and seek a VC funding round, led by Emergence Capital Partners. This is the confirmation of brewing rumors reported (coincidentally) by TechCrunch a few weeks ago. According to the report, Crunchbase will receive an investment from Emergence totaling between $5 million and $7 million. The company also has a new CEO. Jager McConnell spent 11 years at Salesforce, and held the… This story continues at The Next Web
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