Francisco Partners-led a $115m Series C Funding round in News Break.

Francisco Partners-led a $115m Series C Funding round in News Break, a local news app operator. News Break has previously raised more than $36m from investors including IDG Capital, who have also participated in this latest round. “News Break’s breakout multi-year successes in the local news space is what first brought them to our attention. We are inspired by their mission and extremely impressed by the work they have done to bring local-news distribution into the 21st Century through cutting-edge machine learning and media savvy. We are thrilled to be partnering with News Break’s talented leadership team as they continue to drive local news innovations while also rapidly expanding their business into adjacent local verticals beyond news,” Alan Ni, Francisco Partners Principal.