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

Pitch Your Magazine Article

Pitch Your Magazine ArticleStarting October 1, learn how to write queries for magazines and websites! In this course, you'll learn how to write and send an effective pitch, generate pitch letters, research outlets for your articles, and follow-up with editors to ensure that your queries get results. Register now!