Commonstock, a social network platform for retail investors, said on Tuesday it had raised US$25 million in a funding round led by hedge fund Coatue and from others including billionaire investor Bill Ackman and Hollywood power broker Ari Emanuel.
Venture investor Michael Ovitz, Upside Ventures and others also participated in the funding round for the company, backed by billionaire hedge fund manager Dan Loeb.
Source: News Formal (newsformal.com)
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