Prepping for the long fiscal winter, hyperlocal content network Outside.In has secured an undisclosed amount of funding. Previous backers Union Square Ventures, the New York City Investment Fund and Betaworks all participated in the new investment, among others. The new money comes just a few months after the Brooklyn, NY-based company picked up $3 million in its third round of funding.
Outside.In aggregates community-level blog content (and increasingly feeds from mainstream media sources like CBS (NYSE: CBS), NBC and the LA Times) into a customizable dashboard, and CEO Mark Josephson said the company sought the funding so that it could "focus on building rather than fundraising" in the first half of 2009. Launched in 2007, Outside.In has disclosed a total of $5.4 million in funding from a long list of VC firms (including Milestone Venture Partners and Village Ventures), as well as private investors like Esther Dyson, Marc Andreessen and John Seeley Brown.
By Tameka Kee