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mPower grabs $36 million

Online investment advice site mPower received $36 million in funding, led by Reuters Group. Also contributing to the funding were current investors Capital Z Partners, Norwest Venture Partners, Allegis Capital and GE Capital, and new partner Northwestern Mutual. As part of the deal, Reuters will have a seat on the company's board of directors.

Online investment advice site mPower received $36 million in funding, led by Reuters Group. Also contributing to the funding were current investors Capital Z Partners, Norwest Venture Partners, Allegis Capital and GE Capital, and new partner Northwestern Mutual. As part of the deal, Reuters will have a seat on the company's board of directors.