Area venture capitalists are betting that crowdsourcing – the idea behind Wikipedia and open-source software – can penetrate some of the most staid industries: patent research and business-to-business credit checks.
Cortera Inc. of Quincy has raised more than $20 million from Volition Capital, whose managers believe the company can beat Dun & Bradstreet Corp. by sourcing credit-check data from myraid small to midsize businesses.
(click here for the rest of the article) Mass High Tech