Garden.com: Ex-Cheezburger, Garden.com execs raise $10M for digital media startup acquisition fund

Teneology, a Seattle-based acquisition fund led by former Cheezburger exec Cliff Sharples, has raised a $10 million round led by Tritium Partners of Austin, Texas. Teneology was created one year ago by Sharples, a former HomeAway and Kinetx Living exec, with the goal of acquiring promising digital media businesses. Ben Sternberg, co-founder and CFO of Teneology, told GeekWire today that the fresh funding will help his firm both support acquisitions it has already made and explore new opportunities. Teneology is focused on buying existing Internet businesses that have the potential for great success, but for whatever reason, has yet to fully execute - … Read More on GeekWire