Venture capital firms GrandBanks Capital and High Peaks Venture Partners joined Hearst in the $3m series A round consortium for VillageVines, after the company raised an initial $750,000 round of seed funding from business angels.
Hearst Interactive Media, the corporate venturing unit of US-based media company Hearst, has led the $3m series A round for VillageVines, a New York-based restaurant discount coupon company.
Venture capital firms GrandBanks Capital and High Peaks Venture Partners joined Hearst in the consortium, after the company raised an initial $750,000 round of seed funding from business angels.
