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BitWine, a service that allows users to ask questions from experts for a fee, is acquired by Monster Venture Partners. BitWine launched in late 2006, had recently begun a service which let users connect to experts via Skype, other VoIP, or through normal phone lines. The fee is based on experts charging their clients either by the minute or a flat fee, through PayPal.
Monster Venture Partners have acquired a controlling percentage in the startup, bringing in former Expedia Exec, Ronnie Gurion in place of current CEO Elad Baron; though Baron will remain on as President and CTO.
Bitwine will strengthen online consultation features available in portfolio companies such as Questions.com, Careers.org, Patents.com, Traveler.com, and Slideshow.com. The acquisition price was not disclosed.
