Swaptree, a Boston-based website enabling users to trade used books, DVDs, CDs, and video games, announced today that it has hired Jeff Bennett as its CEO, and said it has completed a $6 million round of funding. Bennett comes from NameMedia, a domain name marketplace, where he served as founder, president, and chief operating officer. Swaptree’s newest funding round, led by Safeguard Scientifics, will go to new hires and marketing, and brings the company’s total capital raised to $11.95 million. We wrote about the first $4.8 million of the round that the company pulled in during March.
Author: Erin Kutz
Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.
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