SkyGrid Closes $11 Million in Funding

Aug 12, 2008

SkyGrid, a real-time search, filtering, and personalization platform for news, has raised $11 million in Series B funding. The round was led by RRE Ventures with the investment management firm BlackRock also participating, along with a group of investors from both Wall Street and Silicon Valley. Previous venture investors include Draper Fisher Jurvetson and Esther Dyson. SkyGrid gathers mainstream and alternative information sources online, filters the information for reputation and relevance, and then presents a personalized screen arranged by ticker symbol, industry sector, index, or user-customized portfolios.