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Fwix Discloses $2.75 million Funding Round; Launches Open Newswire Platform

Hyperlocal newswire Fwix says it raised $2.75 million in a first round from BlueRun Ventures. We reported on Fwix’s official launch last month, but at the time, the company didn’t disclose the amount of its funding. In conjunction with the announcement, the San Francisco-based startup is opening its API platform widely to bloggers and other site publishers. Initially, Fwix launched sites covering nearly 80 cites. By opening its API, the company hopes to quickly expand its reach, though it didn’t offer any numeric goals in the interim.

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Sep 17, 2009 10:09 AM ET

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Posted In: Media & Publishing, Newspapers, Online News, Money, M&A & Venture Capital, Venture Capital

  • Mike Orren

    Don't get me wrong—they're a good aggregator. I use them. But it's the same 20 sources from Google News and Topix and ...

  • David Kaplan

    Fwix filters hyperlocal and general local news sent in from users. Whether they're a prime example of hyperlocal news is debatable, but the site does gather that sort of content.

  • Mike Orren

    In what way is Fwix "hyperlocal?"

  • Truf Jones

    Fail.

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