Atrinsic Buys VC-backed ShopIt

Atrinsic Inc. (Nasdaq: ATRN) has acquired ShopIt.com, a Brentwood, Calif.-based e-commerce platform that allows buyers and sellers to tap into social networks like Facebook. No financial terms were disclosed. ShopIt had raised a small amount of VC funding from Propulsion Ventures and Helios Investment Partners.

7 August 2009•3 mins read
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