Redstone-Founded Advancit Gets $3.2M

Norwood, MA-based Advancit Capital, an early stage investment firm founded by Shari Redstone (daughter of CBS and Viacom director and National Amusements president Sumner Redstone), has inked a $3.2 million investment, an SEC filing shows. The firm, co-founded by Jason Ostheimer, will invest in media, entertainment, and tech startups, according to an e-mail sent to the Wall Street Journal‘s All Things Digital blog.

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