Newsy Raises $1.5 Million In Funding For Mobile News
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.