Monday 18 August 2014

With fresh investment, BuzzFeed expands anew

INTERNET SPACE
With fresh investment, BuzzFeed expands anew
Washington (AFP) Aug 11, 2014 - The social news group BuzzFeed unveiled a major new expansion plan, using a fresh infusion of $50 million in venture capital. Andreessen Horowitz, the big Silicon Valley venture group, announced late Sunday it is investing $50 million in BuzzFeed and that one of its partners, Chris Dixon, will be joining the company's board. Details of the investment were not disclosed. But the New York ... more


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