TVNewser FishbowlDC AgencySpy TVSpy LostRemote PRNewser SocialTimes AllFacebook 10,000 Words GalleyCat UnBeige MediaJobsDaily

BuzzFeed Raises $15.5 Million

BuzzFeed keeps growing. After making a statement by appointing Politico’s Ben Smith as editor-in-chief, TechCrunch reports that the news aggregator raised $15.5 million in financing from New Enterprise Associates (NEA), Lerer Ventures, Hearst Media, Softbank and RRE Capital.

It’s also beefing up its board by adding Patrick Kerins, general partner at NEA, bringing on former Huffington Post president Greg Coleman as an adviser and promoting Ken Lerer, co-founder of Huffington Post, to executive chairman.

Regarding the site’s direction, BuzzFeed founder Jonah Peretti told TechCrunch, “The biggest shift for us is refocusing under Ben [Smith] as an organization that does real reporting and original content.”

Mediabistro Course

Freelancing 101

Freelancing 101Starting August 18, learn how to manage a top-notch freelancing career in our online boot camp, Freelancing 101! Through a series of weeklong webcasts, you'll hear from freelancing experts who will teach you the best practices for a solid freelancing career, from the first steps of self-advertising and marketing, to building your schedule and securing new clients. Register now!