Huffington Post Raises Another $5 Million
The cool thing to do if you have a famous blog, it seems, is raising funding - and more funding. The Huffington Post, world's 5th most popular blog according to Technorati, has raised another $5 million in its second round of funding. The investors are the same as in the first round: Softbank Capital, Greycroft Partners, CEO and co-founder Ken Lerer as well as Bob Pittman's Pilot Group. This rounds it up at $10 million of funding total - not bad for, you know, a blog.
Source: http://mashable.com/2007/09/26/huffington-funding/
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