$5 Million For Synthasite
J. Michael Arrington (born March 13, 1970 in Huntington Beach, California) is a serial entrepreneur and the founder of TechCrunch, a blog covering startups and technology news.
Arrington attended Claremont McKenna College (BA Economics, 1992) and Stanford Law School (JD, 1995) and practiced as a corporate and securities lawyer at two law firms: O’Melveny & Myers and Wilson Sonsini Goodrich... → Learn More
Well I guess Synthasite wasn’t all that desperate after all. The South African company has raised a $5 million round of financing to support their easy-to-use web page builder from Compagnie Financière Richemont’s subsidiary, Swiss-based Columbus Venture Capital.
We first covered the company in late 2006.