Financial Site Minyanville Raises $2.2 Million
Minyanville Media has raised $2.2 million in a first tranche of a round of funding, according to a filing with the SEC, via PEHub. Minyanville says in the filing that it may raise as much as $13 million, “depending on a investment by a specific potential strategic partner.” For now, the company — which runs financial infotainment site Minyanville.com — is not giving out details about its plans for the new funds or who the investors are.
$2.2 million, initial investment, will be a great help for the company's operation. Raised figure would be enough to make the plans effective.
Minyan means quorum of Jewish males. Todd Harrison is Jewish.