Redemption clock for eHarmony is ticking. BAY AREA Reuters

Redemption clock for eHarmony is ticking. BAY AREA Reuters

BAY AREA (Reuters) – Two of eHarmony Incs main backers might gain higher influence across online-dating organization at the beginning of November when redemption rights from the latest financing circular kick in — a silly development inside capital raising business.

The legal rights need to be considered after November 5 for technologies Crossover Ventures and Sequoia funds, which used whenever eHarmony increased $110 million in 2004. (more…)