Wednesday, December 27, 2006

TechJournal South: Market10

"Market10 has raised $13 million in its second round of financing. Menlo Ventures led the round, with a second investment from New Enterprise Associates of Baltimore, MD. This recent investment brings the total funds raised to $21 million.

'We're pleased Menlo Ventures, a distinguished and respected venture capital firm, has joined as an investor,' said Rob McGovern, Chairman and CEO of Market10. 'This financing round is enabling us to expand into new markets, offering an advanced solution that well surpasses outdated first generation job sites.' "

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