Dow Jones sells VentureSource for undisclosed amount
Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and MarketWatch.com, has sold venture capital database company VentureSource to CB Insights.
Terms were not disclosed.
VentureSource provides a database tracking the key developments of venture-backed companies. It provides investment benchmarks, competitive intelligence, potential co-investors, fundraising details, and company financial and liquidity data.
“CB Insights is well positioned to take VentureSource into its next chapter, in a way that provides even more value for customers,” said Chris Lloyd, head of Dow Jones’s Professional Information Business, in a statement. “VentureSource’s high-quality data was developed through proprietary research and using content within Factiva — Dow Jones’s global database of more than 33,000 trusted news and information sources.”
CB Insights has also entered into a licensing arrangement with Dow Jones to provide a limited set of research reports and company data for Factiva.