News Aggregation Site "Newser" Gets $2.5 Million Investment

05/29/2013 03:10 pm ET

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."

You can find this post on Beet.TV