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Enterpulse raises $18 million

E-business services company Enterpulse announced Wednesday it raised $18 million through the sale of two companies and a spin-off of a third company. Enterpulse, which provides Web site management and e-commerce technology, sold its equity stake in ExpoExchange back to that company's parent company, The Official Information Company. Enterpulse also sold online fantasy sports company The Owner?s Box to the Winslow Group of Dallas, as part of its move to raise financing in a tough funding climate. In addition to those sales, Enterpulse also spun off AnyTransaction, a wireless division, into a separate company.

E-business services company Enterpulse announced Wednesday it raised $18 million through the sale of two companies and a spin-off of a third company. Enterpulse, which provides Web site management and e-commerce technology, sold its equity stake in ExpoExchange back to that company's parent company, The Official Information Company. Enterpulse also sold online fantasy sports company The Owner?s Box to the Winslow Group of Dallas, as part of its move to raise financing in a tough funding climate. In addition to those sales, Enterpulse also spun off AnyTransaction, a wireless division, into a separate company.