Ex-Forbes.com Publisher Grabs $2M for Web Venture

Former Forbes.com publisher Jim Spanfeller, who brought the site back into popularity, and some say infamy, has obtained around $2 million for a new web start-up.

The Spanfeller Media Group will create multiple sites with a focus on various industries. MediaMemo has the deets:

Once the deal is done, sources say Spanfeller’s plan is to roll out a series of industry-specific “verticals.” First up: Food.

Aren’t there plenty of food sites out there already? You’d think so, but Spanfeller and his backers figure there’s room for more.

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