SmartNews Receives $38,000,000 Series D Round

  • Feed Type
  • Date
    7/12/2016
  • Company Name
    SmartNews
  • Mailing Address
    144 Second St. 2nd Floor San Francisco, CA 94105 USA
  • Company Description
    News should be for everyone. But not when it’s buried under cat videos—or when your internet is spotty—or when it’s in a filter bubble. That’s why we created SmartNews. Our mission is to discover and deliver quality stories to the world. To accomplish this:
  • Website
    http://www.smartnews.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $38,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The new funds will be used to accelerate growth, hiring and business development, and to expand research and development of SmartNews’s specialized machine learning technology for news discovery.
  • M&A Terms
  • Venture Investor
    Development Bank of Japan
  • Venture Investor
    SMBC Venture Capital

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