CoverItLive raises $1.2 Million - Kedrosky included

Posted by Rob Lewis

Techcrunch is reporting this morning that CoverItLive has raised $1.2 Million from its current investor and private equity fund Flagstone Capital and well-known investor and entrepreneur Paul Kedrosky.

Last week we reported that CoverItLive was launching a enterprise version that could be a serious money-maker. Turns out investors agreed. Congrats again CoverItLive CEO Keith McSpurren and his three person team on raising money in this tough economy.

Interesting side note - this time last year at MacWorld Kedrosky called CoverItLive "potentially game-changing" even though it got off to a shaky start.

Company:
CoverItLive
Website:
http://coveritlive.com
Location:
Toronto, Ontario, Canada

Since its release in late 2007, CoveritLive has been used by thousands of writers to engage millions of readers around the world. It has been well received by traditional bloggers as well as those in mainstream media. Our users are finding millions of usage occasions from niche events like chess tournaments in Germany or local elections in London, to marquee events like the NFL draft and American Idol. Before... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can be... more



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