NewsCred Gets $4 Million to Reinvent the Newswire

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By: Mathew Ingram | Gigaom.com

As we’ve written a number of times, one of the big challenges for both media consumers and media companies in a digital age is the need to filter the vast ocean of information that is constantly streaming towards us.

NewsCred, a New York-based startup, started off several years ago trying to solve that problem from a user’s perspective, but has since shifted its focus toward providing a filtered stream of high-quality news for publishers — like a digital version of a traditional newswire. The company said Wednesday that it has raised a $4-million Series A round of venture financing and now has more than 750 news sources providing content for the service.































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