NEW YORK: Moneyline, a provider of hosted electronic commerce applications and financial content, completed a $36 million second round of funding. The financing comes at a time when many startups, looking for new or additional funding, are finding an empty well after a steep decline in investor interest and a major investor refocus on "old economy" companies.
Key investors include Accel Partners, Bank of America, Comdisco, Garban-Intercapital, Global Crossing and Merrill Lynch.
Bruce Golden of
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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