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	<title>Betabeat &#187; AxialMarket, an Online Network for Deal Professionals, Raises $6.5M</title>
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		<title>Betabeat &#187; AxialMarket, an Online Network for Deal Professionals, Raises $6.5M</title>
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		<title>AxialMarket, an Online Network for Deal Professionals, Raises $6.5M</title>

		<comments>http://betabeat.com/2012/05/axialmarket-an-online-network-for-deal-professionals-raises-6-5m/#comments</comments>
		<pubDate>Tue, 15 May 2012 18:39:26 -0400</pubDate>
					<link>http://betabeat.com/2012/05/axialmarket-an-online-network-for-deal-professionals-raises-6-5m/</link>
			<dc:creator>Jessica Roy</dc:creator>
				
		<guid isPermaLink="false">http://betabeat.com/?p=45788</guid>
		<description><![CDATA[<p><div id="attachment_45791" class="wp-caption alignleft" style="width: 219px"><a href="http://www.firstround.com/community/profile/peter_lehrman/"><img class=" wp-image-45791 " title="peter lehrman" src="http://nyobetabeat.files.wordpress.com/2012/05/img_0078.jpeg?w=298" alt="" width="209" height="210" /></a><p class="wp-caption-text">Peter Lehrman, AxialMarket's CEO (firstround.com)</p></div></p>
<p>Here's a quickie for your Tuesday evening: <a href="http://www.axialmarket.com/">AxialMarket</a>, an online network that connects potential buyers and sellers of private businesses, has <a href="http://www.sec.gov/Archives/edgar/data/1504640/000150464012000001/xslFormDX01/primary_doc.xml">raised</a> $6.5 million, according to a Form D filed with the SEC.</p>
<p>According to <a href="http://www.crunchbase.com/company/axialmarket">Crunchbase</a>, AxialMarket is an amalgam of corporations and investment companies that join the platform "to source deals, communicate and promote their firm’s acquisition and investment identity, and uncover opportunities to collaborate with other members."</p>
<p>The company has largely managed to skirt an overabundance of hype while quietly collecting over 7,000 qualified members on their platform. Perhaps it's because their idea isn't as sexy as "<a href="http://www.warbyparker.com/">sweet delivery spectacles</a>" or "<a href="http://www.aereo.tv/">broadcast TV on your laptop</a>." But with $6.5 mil of fresh dough in their pockets, seems like it's working out just fine.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_45791" class="wp-caption alignleft" style="width: 219px"><a href="http://www.firstround.com/community/profile/peter_lehrman/"><img class=" wp-image-45791 " title="peter lehrman" src="http://nyobetabeat.files.wordpress.com/2012/05/img_0078.jpeg?w=298" alt="" width="209" height="210" /></a><p class="wp-caption-text">Peter Lehrman, AxialMarket's CEO (firstround.com)</p></div></p>
<p>Here's a quickie for your Tuesday evening: <a href="http://www.axialmarket.com/">AxialMarket</a>, an online network that connects potential buyers and sellers of private businesses, has <a href="http://www.sec.gov/Archives/edgar/data/1504640/000150464012000001/xslFormDX01/primary_doc.xml">raised</a> $6.5 million, according to a Form D filed with the SEC.</p>
<p>According to <a href="http://www.crunchbase.com/company/axialmarket">Crunchbase</a>, AxialMarket is an amalgam of corporations and investment companies that join the platform "to source deals, communicate and promote their firm’s acquisition and investment identity, and uncover opportunities to collaborate with other members."</p>
<p>The company has largely managed to skirt an overabundance of hype while quietly collecting over 7,000 qualified members on their platform. Perhaps it's because their idea isn't as sexy as "<a href="http://www.warbyparker.com/">sweet delivery spectacles</a>" or "<a href="http://www.aereo.tv/">broadcast TV on your laptop</a>." But with $6.5 mil of fresh dough in their pockets, seems like it's working out just fine.</p>
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