CitySearch announced that it has secured
more than $34 million in its latest round of funding, allowing it to
continue its expansion both domestically and internationally while
advancing its technology, functionality, and editorial content. CitySearch
now has raised more than $75 million since its inception, and expects to be
in 27 cities by the end of next year. The financing is led by HSN, the
parent company of the Home Shopping Network, which will get a seat on
CitySearch's board as a result.
Short Take: CitySearch completes round of new financing
CitySearch announced that it has secured more than $34 million in its latest round of funding, allowing it to continue its expansion both domestically and internationally while advancing its technology, functionality, and editorial content. CitySearch now has raised more than $75 million since its inception, and expects to be in 27 cities by the end of next year. The financing is led by HSN, the parent company of the Home Shopping Network, which will get a seat on CitySearch's board as a result.