Oct 8 2006

Congratulations To b5media For Raising US$2 Million

  • Written by Yaro 
  • 7 Comments... Click to Contribute

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.

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Comments

  1. 1
    On October 9, 2006 at 2:39 am Betty said:

    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
    On October 9, 2006 at 6:04 am German Cars said:

    Congratulations to everyone at B5, well done!

    @Betty: They have some details here about recruitment.

  3. 3
    On October 9, 2006 at 6:23 am Betty said:

    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
    On October 10, 2006 at 5:53 am Luc said:

    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
    On October 10, 2006 at 8:26 am Terry said:

    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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Trackbacks

  1. 1
    on October 11, 2006 at 3:08 am Building My Empire » Around the Blogosphere

    [...] b5Media – has managed to raise $2 million (US) in capital for their network. [...]

  2. 2
    on September 2, 2007 at 9:55 am The Bestest Way to Fund Your Business

    [...] you might want to beg, (search for an investor), borrow (get an SBA or Home Equity Loan), uh, or steal, but I wouldn’t recommend [...]

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