No Acquisition For Digg - Raise Series B Round Instead
Red Herring and VentureBeat are reporting that Digg closed an $8.5 million Series B round of financing from previous investors Greylock Partners and the Omidyar Network, bringing the the total of capital they’ve raised to just over $10 million. They previously raised $2.8 million in October 2005 from Greylock, Omidyar and several angel investors.
Source: http://www.techcrunch.com/2006/12/28/no-acquisition-for-digg-raise-series-b-round-instead/
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