CrunchBase to Become a Standalone Company

CBEight-year-old, San Francisco-based CrunchBase looks to become a standalone company in the very near future. According to several sources, the unit, which calls itself the “definitive database of the startup ecosystem,” is finalizing a term sheet with the venture firm Emergence Capital Partners for an investment of between $5 million and $7 million.

AOL, we’re told, remains a “significant” investor.

It’s both the closing of a chapter for CrunchBase, and the beginning of a new one.

More here.


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