Project Playlist hires Owen Van Natta and raises $20M, but for what?
Project Playlist, an interactive streaming music site and application provider on social networks, has raised nearly $20 million from the Pilot Group and brought on former Facebook executive Owen Van Natta as its new chief executive.
Van Natta, who held positions like Chief Revenue Officer and Chief Operating Officer at Facebook from its early days until last February, was also an early investor in Project Playlist. After leaving Facebook, he was reportedly in the running to… Continue Reading
HuffingtonPost, politics blog site, raises $5M more to target elections
HuffingtonPost, the politics site that doesn’t pay its writers a dime, has raised another $5 million in financing to ready itself for the elections, which could be a defining juncture for the site.
The round included all previous investors: Softbank Capital, Greycroft Partners, CEO and co-founder Ken Lerer and Bob Pittman’s Pilot Group, according to PaidContent. USA Today published a profile of the site’s other co-founder, Arianna Huffington, and mentioned the financing. The company has now… Continue Reading