CityVoter offers local media outlets city guides for their dull websites, raises $2.6 million
The hyper-local concept, which revolves around content — like business reviews — targeted to local niches, has had it rough. Over the last 18 months, two venture-backed start-ups, Judy’s Book and BackFence, have had to shut down. Another site, Insider Pages, sold to Citysearch without generating much of a return to its investors. Only Yelp seems to have gained a significant following.
So you might think investing in another local review company doesn’t make too much… Continue Reading
BitGravity pipes video through the web, raises round
BitGravity is a bit player in the world of moving video through the web. But it believes in rounding up some powerful partners.
The Burlingame, Calif.-based company is announcing today that it has raised $2.5 million from media dealmaker Allen & Co. and Blake Krikorian, cofounder and CEO of Sling Media, the maker of the popular Sling Box. (Sling Media is now owned by EchoStar.) Krikorian will join the BitGravity board.
BitGravity has created a technology that… Continue Reading