The FeedRoom Receives $5 Million In New Debt Financing
On Friday, BlueCrest Capital Finance announced that it had provided The FeedRoom with $5 million in new debt financing. To date, The FeedRoom has previously raised nearly $50 million in venture equity funding and recently opened new offices in Toronto and California.
Back in February I posted about The FeedRoom and other companies who had just recently gotten received a third round of funding and was questioning how many more rounds of funding can all of these companies get before they have to show investors some real revenue numbers. Before too long, there is going to have to be a tipping point in our industry where the VC money is not going to be as easy to get as it is now.