Yet More Money for Angie: $7M

I got this this morning in email:

Angie’s List announced today that it has welcomed another new investor to its privately held organization.

The Chicago-based Prism Mezzanine Fund invested $6 million in subordinated debt funding, as well as $1 million in equity investment, in the nation’s leading source for local service provider ratings.

Angie’s List earlier this year announced investments from Boston-based Battery Ventures ($35 million) and Menlo Park-based Lighthouse Capital Partners ($18 million). Bill Harlan, a partner at Prism, attributed his firm’s interest in Angie’s List to the company’s growth potential.


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