With A Revenue Model In Sight, Crowdsourced News Service Blottr Raises $612K For Its Content Syndication Platform NewsPoint

Blottr, the crowd-sourced (or citizen journalism) news service, has raised an additional ?400,000 (~$612k) to help scale NewsPoint, its syndication platform that lets publishers/broadcaster purchase user-submitted content to help power their web sites and news rooms. It brings the total raised by the London, UK-headquartered company to ?1.4 million ($2.1m). This latest round was led by Kima Ventures, while existing investor Playfair Capital also participated.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/iIxUMSCyOck/

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