Former TechCrunch Senior Editor Sarah Lacy is expected to close a round of funding in the next two weeks for a tech-news site that is being referred to as PandoDaily.com, according to multiple sources familiar with her plans.
PandoDaily.com currently redirects to Ms. Lacy's personal site.
Though the significance of the site's name is unclear (is it the Latin "Pando," which can mean to disclose or make known?), sources said that it's the moniker being used in investor circles. Another person familiar with Ms. Lacy's plans believes that PandoDaily.com will be the site's actual name at launch.
Ms. Lacy did not immediately respond to email requests for comment.