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Cambridge University Red Top Gets $3m For US Expansion

The Tab, an online red top that launched in 2009, secured the investment from Balderton, the London-based venture capital firm behind Betfair, Lovefilm and Citymapper. The company said it would use the funds to widen its American expansion after opening its first US office, with a team of 16 editors in New York, in September. The Tab -- which now has a presence in more than 40 UK universities and 25 North American colleges, including every Ivy League school -- plans to roll out to another 45 campuses.

Read the whole story at The Telegraph »

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