This Just in: NowThisNews Raises $4.8M in Funding

NowThisNews, the provider of a video news network for the mobile and social markets, has raised $4.85 million of a $6 million funding round, according to a recent SEC filing. The round included participation from Oak Investment Partners, Lerer Ventures, Bedrocket Media Ventures and SoftBank Capital. Based in New York, NowThisNews features a website and iOS app that offer short, popular video clips of current events. The company previously raised a $5 million round of funding in 2012.

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