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General Information

Websitenowthisnews.com
Blognowthisnews.tumbl...
Twitter@nowthisnews
CategoryMobile/Wireless
Phone516-695-8483
Emailjackie@nowthismed...
Employees35
Founded9/2012
DescriptionMobile. Social. Video. News.

Offices

New York
36 w 37th Street
New York, NY, 10018
USA

People

CTO
SVP of Strategy & Business Development
Head of Production

Funding

TOTAL $9.6M
FUNDING TOTAL $9.6M
Venture Round, 5/2013
$4.8M
Private Equity, 5/2013
Bedrocket Media Ventures
Oak Investment Partners
Lerer Ventures
SoftBank Capital
$4.8M

Tags

NowThis News

NowThis News is a digital video news outlet that provides original news content for mobile devices and social platforms. Its content is geared towards 18 to 34 year olds who have adopted mobile devices and social platforms as a portal for finding and sharing news and commentary. NowThis News addresses four key trends in digital consumption: social, video, digital, and mobile.

NowThis News publishes content to iOS and Android applications, NowThisNews.com, and distributes content through social media channels including Facebook and Twitter, and through distribution partnerships with Buzzfeed, MSN, Forbes and Mashable. The company was founded by Huffington Post co-founder and former chairman Kenneth Lerer, former Huffington Post CEO Eric Hippeau, and Bedrocket founder Brian Bedol. Co-Founder Hippeau said, “The idea came as Ken and I were tossing around thoughts in mobile news. It was evident that there was no video news, breaking news, that was created in video format just for mobile devices”. NowThis News has raised $5 million from backers Lerer Ventures, Bedrocket Media Ventures, and Oak Ventures.

Recent Milestones

Videos

Screenshots

NowThis News screenshot
Above: iPad App
Uploaded: 4/9/13
NowThis News screenshot
Above: Android App
Uploaded: 4/9/13
NowThis News screenshot
Above: iOS App
Uploaded: 4/9/13

Sources

  1. As BuzzFeed Eyes Business Vertical Ken Lerer’s NowThis Media Raises $4.8M (daniellemorrill.com) [edit]
  2. NowThisNews raises $4.8M to be the Buzzfeed of video journalism (venturebeat.com) [edit]
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Last Edited 1/24/14

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