Reprinted from: http://www.xconomy.com/san-diego/2012/09/28/san-diego-deals-roundup-deal-current-pcn-groundmetrics-more/
San Diego’s Deal Current Network said it has raised venture capital funding from Canal Partners of Scottsdale, AZ, and members of Southern California’s Tech Coast Angels. The size of the round was not disclosed, and Canal did not respond to an email query. In announcing the funding, Deal Current said Todd Belfer, a managing partner at Canal Partners, and Jon Belmonte, the former COO of the Active Network (NYSE: ACTV), and current principal of San Diego-based Cedar Ridge Ventures, are joining Deal Current’s board of directors. In a recent post on the company’s blog, Deal Current says the fresh capital will help the white-label daily deal software company accelerate its growth by expanding sales and marketing and advancing its technology. The company provides online discounts for media companies in more than 100 cities, including American Consolidated Media, the Journal Broadcast Group, Buffalo News, and the Pittsburgh Post Gazette.
The company’s website says Deal Current was launched in 2008 by Jimmy Hendricks and Patrick Dillon.
Reprinted from: http://www.xconomy.com/san-diego/2012/09/28/san-diego-deals-roundup-deal-current-pcn-groundmetrics-more/