Besides getting a new CEO a few weeks ago, Associated Content has been out wooing investors. During the AlwaysOn Stanford Summit 2007, the company announced that Canaan Partners had invested $10 million in AC.
There’s no telling how long $10 million will last, but it should go long way to turning Luke Beatty’s dream into a money-maker.
During the same meeting, AlwaysOn released its peer-nominated list of top 100 private companies. No surprise that AC was on the list. They seem to have a solid model and business plan.