Battelle's FM Tunes Into VC Funding

Author of "The Search" and BoingBoing.net "band manager" John Battelle's Federated Media scooped up its first round of venture capital funding. JP Morgan Partners led described what the endeavor hopes to accomplish (besides making Hefty bags full of cash, natch): Federated Media represents "best of breed" independent publishing sites, with a focus on high quality authors catering to influential and highly engaged audiences. Through its advertising, technology, publishing, and business development services, FM connects independent weblog authors, marketers and influential audiences in an ongoing conversation that feeds everyone involved. The sites in FM's network include BoingBoing.net, Buzzmachine.com, Digg.com, Dooce.com, Fark.com, GigaOm.com and more than 25 others. The inclusion of authors page and reading some of their here.") Drag this to your Bookmarks. Add to document.write("Del.icio.us") | Yahoo! My Web David Utter is a staff writer for Murdok covering technology and business.