Online Marketplace Company Rewarder Raises $7 Million Round
Rewarder is a San Francisco based startup that has built an online marketplace where people can hire others for their knowledge. Rewarded has raised $7 million in funding.
Ken Lerer Posts
Lerer Ventures Raising $30M Third Fund For Early-Stage Investments
Lerer Ventures is a seed stage venture capital company that is based in New York City. The company is raising a $30 million fund according to a Form D. This is the third fun in the venture capital firm’s history. This fund is higher than Lerer’s second $25 million fund, which they raised in May 2011.
Viral Tracking Pop Culture Website BuzzFeed Raises $15.5 Million
BuzzFeed is one of my most favorite time-pass websites because they have interesting galleries and lists of pop culture. BuzzFeed has raised $15.5 million in Series C funding led by New Enterprise Associates. Other investors that participated include Lerer Ventures, Hearst Media, SoftBank, and RRE Capital. NEA General Partner Patrick Kerins will be joining the BuzzFeed board of directors. Ken Lerer, the Huffington Post co-founder and BuzzFeed board member, will become the BuzzFeed executive chairman.
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Lerer Ventures Hires 4chan Founder Christopher Poole As An Advisor
4chan founder Christopher Poole (known as Moot) is joining Lerer Ventures, a New York City seed funding company started by Ken Lerer and Ben Lerer. He is not a formal partner, but he was be instrumental in greenlighting certain deals. Other advisors include Eric Hippeau (Huffington Post CEO) and Jonah Peretti (Buzzfeed CEO).
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James Boyce and Peter Daou Suing Arianna Huffington Because They Say Blog Was Their Idea
James Boyce and Peter Daou, two Democratic consultants are suing Arianna Huffington and Ken Lerer claiming that the idea behind The Huffington Post was their idea. Arianna said that The Huffington Post was born after her and her friends were at a bar during the 2004 elections and “discussed creating a platform that would be a combination of 24/7 news and a collective blog. That was the beginning of the Huffington Post.”
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