Newsy is a multi-source mobile video news provider that distributes curated video news from multiple sources. It recently debuted version 3.0 of its iPad app, which was first launched in April 2010. The updated iPad app offers faster loading times, single-tap Facebook sharing, playlist creation and video downloads, a refreshed news ticker, and push notifications. The company also rebranded the look of its videos and its logo as part of the update. The app is available for free. Financially, Newsy secured $1.5 million in new funding on top of $2 million it raised last year. Newsy is a news destination website that monitors, analyzes, curates and presents the world’s news coverage through short 2- to 3-minute video segments. Its content is available on the web and mobile devices, and the company offers an iPhone app and a newly launched iPad app with a cover-flow style interface for flipping through videos. Newsy emphasizes highlighting differences in how global media outlets report stories to help users quickly consume news and understand context. The company has raised $2 million in funding from undisclosed investors. Proceeds will be used to grow news operations and to build distribution and marketing partnerships. The platform targets on-the-go users seeking concise video summaries and contextualization of news.

Total raised

$4M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2011