Monday, January 9, 2012

Viral Aggregator BuzzFeed Raises $15.5M To Transform The Way People Get Their News

Screen Shot 2012-01-09 at 1.55.04 AMSocial media optimized and meme focused aggregator BuzzFeed has just raised a $15.5 million round of Series C financing, lead by New Enterprise Associates and followed on by Lerer Ventures, Hearst Media, Softbank and RRE Capital. In addition to the funding, NEA General Partner Patrick Kerins will be taking a position on the BuzzFeed board and Huffington Post co-founder Ken Lerer will be moving on up to BuzzFeed Executive Chairman.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/oK3NZ95mwaw/

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