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Newsy Raises $1.5 Million In Funding For Mobile News

Newsy Raises $1.5 Million In Funding For Mobile News

by Brad MerrillMarch 28, 2011

Newsy, a multisource video news analysis service, has just $1.5 million series B round of funding led by a St. Louis private equity firm.  This second round brings Newsy’s total funding to $4.25 million.  The funding will be used to grow Newsy’s sales, marketing, and editorial teams.

A news analyzer (not an aggregator), Newsy produces daily videos (2-3 minutes in length) offering context with convenience.  Through short video segments from various sources, Newsy demonstrates how news stories are being covered by different media outlets across the web.

About The Author
Brad Merrill
Brad Merrill is the founder and former editor of VentureBreak.