Categories: Business

Social news curation site paper.li raises $2.1 million

Paper.li, a site that “organizes links shared on Twitter and Facebook into an easy to read newspaper-style format” has just raised $2.1 million in funding. SmallRivers, the Swiss company behind paper.li, will receive capital from Highland Capital Partners, SoftBank Capitol, and Endeavour Vision.

Paper.li plans to use the newly acquired capital to fund office expansions into the United States and Asia, to grow its team, and to seek new content providers.

We checked out paper.li ourselves a few months ago and were really impressed by its potential as a news filtering service. According to a recent blog post paper.li now has two million unique users in over two-hundred countries, and publishes 150,000 custom online newspapers daily.

Let us know if you use paper.li and what are your impressions? Is it the future of journalism, or at least part of it?

Image courtesy of iampeas on Flickr.

Albizu Garcia

Albizu Garcia is the Co-Founder and CEO of Gain -- a marketing technology company that automates the social media and content publishing workflow for agencies and social media managers, their clients and anyone working in teams.

View Comments

Recent Posts

DARPA ‘CoasterChase’ looks to mitigate stress with ingestible neurotech

DARPA is putting together a research program called CoasterChase that aims to mitigate warfighters' stress…

14 hours ago

Club of Rome launches joint taskforce that would restrict your food, travel & ownership choices

The 'Materials and Consumption Taskforce' is an attempt to micro-manage all aspects of your life:…

6 days ago

As the tech talent shortage continues, Ness Digital Engineering nurtures its rising stars

Talent in the tech industry has long been a hot commodity. Yet in today's world,…

6 days ago

Prezent launches My Workspace to ensure AI-powered presentation software works as tool, not a burden

In an ideal scenario, professionals in 2025 should be able to leverage a personal suite…

7 days ago

NTT’s simultaneous Kabuki performance shows photonics connectivity is more than a song and dance

In a fusion of tradition and technology, Japanese tech firm NTT unveiled the capabilities of…

1 week ago

UN finalizes neurotech ethics draft, to be adopted at General Conference

The United Nations Educational, Scientific, and Cultural Organization (UNESCO) finalizes its "Recommendation on the Ethics…

2 weeks ago