VerticalScope’s acquisition of VarageSale – Update

VerticalScope Inc., a digital media company specializing in enthusiast websites and interest-based online communities, acquired venture backed VarageSale in November 2017. Financial terms were not disclosed.

VerticalScope paid US $##Subscribe today to see our research on this and all other subscriber ONLY items##

Founded by Tami Zuckerman and Carl Mercier, VarageSale had raised over $34 million from investors including Sequoia Capital, Lightspeed Venture Partners, iNovia Capital, Real Ventures, and Version One Ventures.

Torstar Corporation (TSX: TS.B) through its Digital Ventures owns 56% of VerticalScope.

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.