RealTime IT News

It's All, an online business information resource, has secured $61 million in financing from a group led by the Financial Times Group, a division of Pearson plc and Cahners Business Information, a member of the Reed Elsevier plc group .

The equity round also included an investment by Mort Zuckerman, owner of U.S. News & World Report, Fast Company and The New York Daily News. Other investors in the round include IndustryClick, a subsidiary of Primedia Inc. , and The McGraw-Hill Cos.

In a statement, the company said the funding will allow to expand the content and features of the site, fuel international expansion, further develop the technology of the Operating System (BOS), and establish as the leading brand of the Business Internet. Along with the financial investments, is also pursuing content deals with its partners to provide users access to premium business and trade publications.

"The caliber and breadth of investors in this round is a powerful endorsement of's mission and unique product," said Jake Winebaum, founder and CEO of "Our partners are the best business media companies in the world, which will allow us to greatly expand our specialized business content and reach and establish as the definitive online business resource."

Stephen Hill, CEO of The Financial Times Group, and Marc Teren, CEO of Cahners Business Information, will serve on's Board of Directors.

As part of's content agreement with the Financial Times Group, will become the premium provider of news on financial services, management and international trade on the site. The agreement also gives users access to's business-specific Web directory and search tool.