Entrepreneurs get absorbed into big companies every day when their startups are acquired. When they eventually leave, as so many do, the smart ones exit gracefully. You can put Tobias Peggs in that camp; here’s why.
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OneRiot, a Boulder, Colo.-based developer of a social search engine, has secured $5.7 million of a $7 million Series C round, according to a regulatory filing. Return backers include Commonwealth Capital Ventures, Spark Capital and Appian Ventures. The company previously raised over $20 million as Me.dium, which was developing a social Web browser. www.oneriot.com UPDATE: [...]