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Science & Tech

SkyGrid Gets Millions, Goes Offline

Published on: August 6, 2008 at 7:11 AM ET
Bertel King, Jr
Written By Bertel King, Jr
News Writer

In an ironic twist, news aggregation service SkyGrid closed $11 million in funding this morning — then promptly bit the dust.

The service — which offers customizable views of both mainstream and alternative media stories, filtered by reputation and relevance — received the Series B cash from RRE Ventures Wednesday. The site was altogether down as of 10:00 a.m. ET.

SkyGrid’s been around only since February of this year. It seems to be targeted toward financial professionals, offering news organizational tools based on ticker symbols, industry sectors, and personalized portfolios.

Let’s hope the company can take a piece of that $11 million and get back online soon.

Update: As of 10:45 a.m. ET, it’s back! Whew.

SkyGrid

TAGGED:News
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