Hyperlocal Content Network Outside.In Adds Funding
Prepping for the long financial winter, hyperlocal content network Outside.In has secured an undisclosed amount of funding. Previous backers Union Square Ventures, the New York City Investment Fund and Betaworks all participated in the new investment, among others. The new money comes just a few months after the Brooklyn, NY-based company picked up $3 million in its third round of funding.
Outside.In aggregates community-level blog content (and increasingly, feeds from mainstream media sources like CBS (NYSE: CBS), NBC and the LA Times) into a customizable dashboard. CEO Mark Josephson said the company sought the funding so that it could “focus on building rather than fundraising” in the first half of 2009. Launched in 2007, Outside.In has disclosed a total of $5.4 million in funding from a long list of VC firms (including Milestone Venture Partners and Village Ventures), as well as private investors like Esther Dyson, Marc Andreessen and John Seeley Brown. Release.
Related StoriesPosted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Community, Companies, betaworks, outside.in, the new york city investment fund, union square ventures
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Comments (5)
Jan 12, 2009 5:48 PM
Well I guess it is always good when firms make financial injections in the business. I hope it will make them only good,
Jan 27, 2009 2:40 AM
Great post. It is really informative.
Feb 16, 2009 2:24 AM
Ya i agree with u that great post and very informative.
Mar 3, 2009 5:32 AM
thanks for such great story.really appreciable.
kind regards.
Mar 27, 2009 12:54 PM
Prepping for the long financial winter, hyperlocal content network Outside.In has secured an undisclosed amount of funding. Previous backers Union Square Ventures, the New York City Investment Fund and Betaworks all participated in the new investment, among others. The new money comes just a few months after the Brooklyn, NY-based company picked up $3 million in its third round of funding. Well I like it a lot.