Swaptree.com Receives $6,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e009cd0d-3b29-47de-bc89-1ba950e8d1a0&Preview=1
Date
5/24/2010
Company Name
Swaptree.com
Mailing Address
500 Harrison Ave 3rd Floor Boston, MA 02118
Company Description
Swaptree.com is a new and innovative way for people to easily trade books, CDs, DVDs and video games for free with other users.
Website
http://www.swaptree.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This latest infusion of capital will be used for new hires and marketing initiatives focused on fueling the growth and uncontested dominance of the online swap category.
M&A Terms
Venture Investor
Safeguard Scientifics
Venture Investor
Undisclosed