SmartNews Receives $38,000,000 Series D Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=be1af3d5-84dd-4fb3-834c-329d9cdb3812 - 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
