Seattle-based All Star Directories which develops and publishes online educational directories, including All Business Schools, All Criminal Justice Schools and All Nursing Schools, has been acquired by Austin Ventures, an Austin, Texas-based venture capital firm. The acquisition price was not disclosed.
All Star had revenue last year of $15 million yet has never taken venture capital money. The company has been profitable for more than four years. All Star makes money by referring leads to various schools. It plans to continue expanding its work force in Seattle.
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