$2.5M for GigaOm

10/25/10

Giga Omni Media, owner of the GigaOm blog and a network of other tech blogs, has collected $2.5 million in new financing from existing investor True Ventures, where founder Om Malik is a partner. TechCrunch broke the news Friday, and it was later confirmed in a blog post by Malik, who says the funds will be used to expand the company’s GigaOm Pro paid content service, put GigaOm content on more platforms, and expand the company’s coverage in New York City.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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