Money Following News Online

Google News had the news-aggregation space to itself for quite a while, but after MSN deployed its Newsbot and Topix.net launched, other efforts followed, and some have gathered a little venture capital for themselves. listed a number of sites and efforts that seek to "tag, aggregate or community-edit the news." Memeorandum, Gather, the Boston-based outfit that wants to share advertising revenue with its bloggers. Gather picked up $9 million in VC funding according to Skrenta, but the Boston Globe power forward. One figure Skrenta cited, $5 million in VC money to Tinfinger about Skrenta's blog entry. (I didn't lose anyone just now, did I? - david) "As for our funding, yeah, it's not a 300k seed round, but it's not $5 million either. Somewhere mysteriously in-between," Davidson wrote. Equally mysterious is Memeorandum, about which Skrenta claimed he's heard "hints" that founder Gabe Rivera has accepted an unknown sum in VC cash. That hasn't been confirmed anywhere yet, though. Email the author 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.