Congratulations To b5media For Raising US$2 Million

I had dinner with Jeremy Wright, head honcho of the b5media blog network last week since we both happen to be in Toronto at the moment. Jeremy was in town on business and now the whole world knows what that business was about -

b5media Inc. have raised US$2 Million in venture funding to help grow the business into the future. That’s a fairly big stamp of approval for the blog network and (yet again) demonstrates the possibilities of blog networks as a successful Internet business model.

Congratulations to Darren, Duncan, Jeremy, Shai and the rest involved with b5.

About Yaro Starak

Yaro Starak is the founder of Entrepreneurs-Journey, has blogged for more than five years and earned his living from the Internet for more than ten years. You can follow Yaro on Twitter and see him in action at Yaro.TV.

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Comments

  1. 1

    I’m still fascinated with the B5 Media Blog Network – who started the idea, and how long it’s been up.

    Such a brilliant idea, but how do they recruit ne bloggers?

    Betty

  2. 2

    Congratulations to everyone at B5, well done!

    @Betty: They have some details here about recruitment.

  3. 3

    Thanks for the link GC. Looks like there a serious line-up of people wanting to blog for B5.

    I have enough trouble handling the blogs on my plate anyway.

    Betty

  4. 4

    So thats why i couldn’t get a hold of Jeremy last week. Well that explains things… hahaha. Jeremy’s been working his butt off since i first started working with him months ago. Cheers!

    Lucas

  5. 5

    Seems like many bloggers are using blogspot to create their own little mini-blog-network, and then feeding their owned domains with inbounds.

    I know blogger was not intending their blog system to be used for that but it’s seems to be working for alot of bloggers.

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