Artspace Announces New Financing and Partnerships

February 2, 2012, one of a wave of online art dealers that is starting to change the way contemporary art is bought and sold, said on Monday that it had raised $2.5 million from a group of investors.

Additionally, it said, it had signed up several prominent museums and galleries – among them the New Museum, the Institute of Contemporary Art in Philadelphia and the Mexico City gallery kurimanzutto – as partners that will offer works to buyers through the Web site.

Read full article and comments at The New York Times.

ArtsBeat - New York Times Blog, Randy Kennedy, January 30, 2012

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