Citizen Journalism Site Helium Raises $17M

Schachter, Ken
October 2008
Red Herring;10/29/2008, p3
Trade Publication
The article reports on citizen journalism web site Helium has generated more than $17 million in a first round of funding from Signature Capital and Northport Private Equity. The financing is a vote of confidence for the startup that is trying to extend its business to become a broker of content to third-party print and online publishers. According to the article, unlike citizen journalism site groundreport.com, which features hard news, helium.com's content leans toward service features and-con opinion pieces.


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