Thursday, April 24, 2008

Geezeo Gets Strategic Investment from TheStreet.com - Framingham, MA

TheStreet.com, a financial media company, announced on Thursday that it has made a strategic investment in Geezeo, a privately held, Framingham-based provider of web-based personal finance content and tools. Launched in 2007, Geezeo allows users to track bank accounts and credit card balances, as well as investments, mortgages, student loans and auto loans. The Geezeo platform connects to more than 6,000 financial institutions. TheStreet.com's investment in Geezeo includes an initial funding of $1.2 million for a roughly 13% interest in Geezeo and the option to purchase the company based on an equity value of $12 million at any point over the next year.

https://www.geezeo.com/

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