Mansueto Ventures forms Mansueto Digital with $10 million investment

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New York—Mansueto Ventures, which publishes Fast Company and Inc., announced the formation of Mansueto Digital and a $10 million investment in the new division. Mansueto Digital has been formed to help grow, Fast and In addition to investing in those Web sites, Mansueto Digital plans to launch a Web site dedicated to business networking and database services exclusively for private companies; a social/business networking platform for business people; a partnership with a Chinese Web site that will provide small business directory listings about the entrepreneurial class in China; mobile Web sites for both Inc. and Fast Company; a Web site with a directory for individuals who want to buy and sell their business and a Web site for people who want to learn more about franchising. According to the most recent ABCi audited traffic report, and together reached an audience of 1.4 million monthly visitors.
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