Social news group BuzzFeed snags $19.5 mn | Bangkok Post: news

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Social news group BuzzFeed snags $19.5 mn

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BuzzFeed, a fast-growing social news website, said Thursday it had raised $19.5 million in a new round of funding from investors to help its expansion. 

BuzzFeed founder and CEO Jonah Perretti on May 1, 2012 in New York. BuzzFeed, a fast-growing social news website raised $19.5 million in a new round of funding from investors to help its expansion.

The latest round was led by the venture capital firm New Enterprise Associates and included previous investors RRE, Hearst, SoftBank, and Lerer Ventures.

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