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    Monday, March 28, 2005

    AreUN Closes Angel Round


    Rancho Cucamonga-based AreUN said Friday that it has completed an angel round of funding and is starting a Series A fundraising efforts. The company says that it is creating a new online business model that combines an online marketplace, bricks and mortar stores, and a newspaper which allows buyers and sellers to connect through the Internet and a local sales force. The company is targeting auction giant eBay, but has yet to launch its services. AreUN said that it is looking for $15M in a Series A funding.
    posted on Monday, March 28, 2005 (Link to more information)

    Related companies:
    AreUN

    Related stories:
    > Avanton Receives Angel Round
    > Lumexis Closes Series B
    > New VC Fund Targets Angel Groups
    > MatchActivity Raises Angel Round
    > Angel Investments Increase In 2006

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