Web 2.0 News

NowPublic Gets $10.6 Million For Crowd Sourced News
'Crowd sourced' news network NowPublic.com has closed a $10.6 milion series A round of financing led by Rho Ventures with seed investors Brightspark and the Working Opportunity Fund participating. Crowd sourcing is part of the widely expanding 'citizen journalism' category, which encompasses all the new ways non-professionals can participate in the news reporting process.

Source: http://www.techcrunch.com/2007/07/29/nowpublic-gets-106-million-for-crowd-sourced-news/