Wednesday, July 09, 2008

Spire.com Raises $9 Million in First RoundBoston –

Spire.com, a Boston-based, an online social networking site for high net worth individuals, announced that it has raised $9 million in its first round of venture capital, which was led by Hearst Corporation, Trident Capital, TL Ventures and several private investors. The company said it has used some of the funds to acquire Suzanne’s Files, a London-based, online source of “vetted content” for high net worth individuals. Through the acquisition, Spire.com said, it has gained access to a targeted member base of 55,000 affluent individuals with an average income of $250,000 and assets in excess of $1 million.

http://www.spire.com

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