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VC’s Seek Crowdsourcing Opportunities in Business

JustinWood
Volition

Area venture capitalists are betting that crowdsourcing – the idea behind Wikipedia and open-source software – can penetrate some of the most staid industries: patent research and business-to-business credit checks. 

Cortera Inc. of Quincy has raised more than $20 million from Volition Capital, whose managers believe the company can beat Dun & Bradstreet Corp. by sourcing credit-check data from myraid small to midsize businesses. 

(click here for the rest of the article) Mass High Tech

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