Los Angeles
– TheWrap.com, an entertainment business news blog, has raised $2 million in
its second round of funding, PaidContent reported.
Maveron led the investment
round; other investors in the company’s first round also participated.
TheWrap
was launched fifteen months ago by Sharon Waxman, the former Hollywood
correspondent for The New York Times.
Waxman told PaidContent the new funds
will be used to expand news coverage, and to implement a redesign scheduled to
go live later in the summer.
Related Links:
http://snipurl.com/vswfc
(PaidContent)
