Newser, a new news content aggregation site, has raised $2.5 million investment funds, its first, Rafat Ali at paidContent reports.
Rafat says the investment round involves several individual investors. Rafat gets the the story with co-founder Patrick Spain. Spain tells Rafat that the site has 2 million visitors per month. Compete puts the number of monthly uniques at 650,000.
I interviewed his co-founder Michael Wolff last week at Advertising 2.0. This is my second interview with Michael. This one about Newser. The first interview was about News Corp's MySpace "calamity."
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