Tech news site Crunchbase raises $50 million

Crunchbase, which has a database of startups and financial reports, along with a growing news division, has raised $50 million from investors, reports Kyle Wiggers of TechCrunch.

Wiggers writes, “The core of Crunchbase as it exists today is a research suite for sales teams. Entries show when a company was founded, its founders and executive leadership, and financing and debt rounds (and their contributors). Paid Crunchbase plans unlock data about competitors, history and more.

“The way McConnell sees it, Crunchbase can reduce the amount of time sales teams spend prospecting by highlighting companies with ‘growth signals’ — for example, funding rounds or increased product adoption.”

Read more here.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.