Eons Inc. Spins off Tributes Inc., Raises $4.2 Million - Charlestown, MA

Eons, a Charlestown-based provider of online communities for baby boomers, announced on Wednesday that it has spun off its obituary classified business, Tributes.com. As part of the deal, Dow Jones & Co. has led a $4.2 million first round of venture capital for the newly spun off company, which offers an online community that provides "support during times of loss and grieving." The site also includes an extensive obituary database with obituary records dating back to the early 1900s and provides a resource for genealogy and documenting family connections.

http://obits.eons.com/