Web 2.0 News

Gather.com Gathers More Cash
Gather.com , the social network and citizen journalism site that was seriously lacking when it launched at the start of this year, has completed a further $10 million round of financing led by Pilot House Ventures Group that also included media companies Hearst Corp and McGraw-Hill Cos. Money also came from Jack Connors, chairman of ad agency Hill Holliday, and Gather.com's founder Tom Gerace.

Source: http://mashable.com/2006/11/17/gather-gathers-more-cash/