SPINS Scores $5 M Investment

SPINS Scores $5 M Investment

SAN FRANCISCO--SPINS market research firm announced on Feb. 22 the closing of a $5million equity financing, led by Weintraub Capital Management and Blum Capital Partners,both San Francisco-based investment firms. Individual SPINS investors and Health BusinessPartners also participated in the investment.

"We have aggressive growth plans for 2000 and beyond," said Paddy Spence,chief executive officer of SPINS. "This investment will be instrumental in allowingus to achieve our goals and continue to improve the level of insights we provide to ourclients." He added, "I am proud of what SPINS has accomplished to date withlimited resources and excited about the added value our new financial partnersbring."