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Video News Service Newsy Raises $2 Million Second Round

David Kaplan

May 5, 2010 11:12 AM

Right in time for video news site Newsy to promote its iPad app, the company says it has raised $2 million in a second round of funding. Newsy is run by Media Convergence Group, which started the company in 2008. Like a lot of media companies, Newsy has high hopes…

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Posted In: Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, newsy.com

Media Convergence Group Raising $2 Million In Funding For ‘Multi-Platform’ News

Tameka Kee

Dec 9, 2009 6:55 PM

Media Convergence Group (MCG), the company behind multi-platform news property Newsy.com, has raised $450,000 worth of a $2 million first institutional round of funding, per an SEC filing. Jim Spencer, MCG’s founder and president, said the money came from a group of Missouri-based private investors; he expects the round to…

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Posted In: Media & Publishing, Online News, Money, M&A & Venture Capital, Venture Capital, Social Media, Video, newsy.com

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