Newsarama.com owner receives $1.5 million in funding

by Jeff

Newsarama Newsarama.com owner receives $1.5 million in fundingMedia Release — TopTenREVIEWS (www.TopTenREVIEWS.com) today announced that it has received $1.5 million in funding from its current investors, Highway 12 Ventures and Village Ventures. The funding will be used to propel the growth of the company’s Web sites covering technology, science and comic genre entertainment, which include www.TopTenREVIEWS.com, www.SPACE.com, www.LiveScience.com and www.Newsarama.com.

“This past year was a great year for us, and we see fantastic opportunities for growth in the coming 18 months,” said Jerry Ropelato, CEO of TopTenREVIEWS. “The funding will help us accelerate our growth as we pursue the opportunities ahead.”

TopTenREVIEWS received $6 million in funding from Highway 12 Ventures and Village Ventures in 2008, and recently acquired the Web properties, SPACE.com, LiveScience.com and Newsarama.com.

TopTenREVIEWS is a technology review Web site covering software, Web services, consumer electronics and entertainment, offering millions of reviews in more than 350 categories. Founded in 2003, TopTenREVIEWS.com provides consumers with side-by-side product and pricing comparisons to help them research, shop and purchase technology and entertainment products and services. www.TopTenREVIEWS.com

Space enthusiasts visit SPACE.com for compelling content about space science, astronomy and exploration news. The award-winning site, through special relationships with NASA and key industry newsmakers, is the leading destination for astronomy and space mission news. www.SPACE.com

LiveScience.com is the leading source for groundbreaking developments in health, the environment and technology. It is the 2007 winner of the Online Journalism Award for Specialty Journalism among large Web sites, by the Online News Association (ONA). Known for its ability to convert often complex concepts into simple explanations, LiveScience attracts millions of visitors each month. www.LiveScience.com

Newsarama.com provides comprehensive coverage and commentary of comics and genre-related entertainment. It won the 2008 Eisner Award for Best Comics-Related Periodical/Journalism. Entertainment Weekly included Newsarama in its list of “100 Greatest Websites,” and the American Library Association lists it as a research resource in the field of comics. www.Newsarama.com

These and other properties are part of TopTenREVIEWS’ TechMediaNetwork, a network of technology and entertainment sites. To learn more about TechMediaNetwork, visit www.TechMediaNetwork.com.

For more information about TopTenREVIEWS, visit: www.TopTenREVIEWS.com/about-us.html.

TopTenREVIEWS is a trademark of TopTenREVIEWS Inc. All other names are used for identification purposes only and may be trademarks of their respective owners.

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