HubDub Gets A Series A Round For Its News Gaming Platform - TechCrunch
Wed, Jan 14th, 2009
News prediction site Hubdub has secured £810,000 ($1.2m) in Series A funding led by Pentech Ventures and Scottish Co-Investment Fund, along with a group of angel investors including Rikki Tahta, founder of Covestor.com, and Simon Murdoch, founder of Friendsabroad.com (recently sold to Babbel) and Tim Jackson, founder of QXL.com. The investment gives HubDub a runway of 18-24 months during which they expect to build up their partner base and be "at or near" profitability. The site now has a team of six and 6 part time category editors but isn’t planning on expanding.
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