Announced
Completed
Financials
Tags
Majority
Acquisition
Friendly
Private Equity
Completed
Private
Software
United States
Venture Capital
news
Domestic
internet portal
Synopsis
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.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.