Sposato Invests in GeekWire

Jonathan Sposato, the CEO of Picnik, a Seattle-based photo editing company acquired by Google a year ago, said today he made an investment in GeekWire, the online media company founded by technology journalists John Cook and Todd Bishop. GeekWire isn’t disclosing the amount of the investment, or how long of a cash runway it provides, although Sposato is the sole investor, Cook says. Since GeekWire was started earlier this month, it has formed media partnerships with msnbc.com, KING-5, and 97.3 KIRO-FM radio.

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