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Canadian News Site The Mark Closes First Round of Funding

Posted by Rob Lewis on Mon, February 8, 2010 7:06 PM · Filed under Toronto , Venture Capital · No Comments

The Mark, a Toronto-based online daily news magazine, announced today that it has closed its first round of funding, led by Innovation Grade Capital. Thunder Road Capital and Venture Communications CEO Arlene Dickinson also participated in the round.

The total sum raised was not disclosed. The Mark plans to use the funding to add hundreds of new contributors, expand their multimedia offering, launch a French site, and sign revenue and content distribution partnerships.

Launched in May 2009, The Mark has assembled more than 600 Canadian contributors across politics, business, science, technology, sports and the arts.

 
Company:
The Mark
Website:
http://www.themarknews.com
Location:
Toronto, Ontario, Canada

The Mark is Canada's daily online forum for news, commentary, and debate. The Mark is founded on the idea that thousands of credible Canadians have... [more]

 
 
Company:
Venture Communications
Website:
http://www.openminds.ca
Location:
Toronto, Ontario, Canada

Venture Communications Ltd is one of Canada’s largest independent marketing communications firms, with offices in Calgary, Toronto, and Ottawa.... [more]

 

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