Digg Secures $2.8 Million
One of my favorite websites digg.com, run by Digg, Inc., recently received $2.8 Million in funding! Congratulations to Kevin Rose and the whole Digg community!
From Business Wire:
Digg, Inc. a pioneering Web community that enables the mass Internet audience to prioritize news and content, today announced that it has closed an initial round of funding in the amount of $2.8 million led by Greylock Partners with Omidyar Network and several angel investors, including Marc Andreessen, Reid Hoffman, Ron Conway, Mike Maples, Jr. and Al Avery.
Digg has developed a large community that allows users to submit any Internet content (news, blogs, commercial offerings, etc.) for review. Then, based on whether the community likes, or “diggs,” the content, it moves up the Digg hierarchy according to its popularity. Digg takes editorial decisions from a few editors and brings them to the mass Internet audience. With 80,000 registered users and more than 500,000 unique daily visitors, Digg is creating a new form of “social content” that instantly reflects Internet user interests.
To see the stories that I’ve dugg, check out the right-hand side of my main site, or visit digg.com/users/jefflundberg.
Kevin Rose and Alex Albrecht also do a weekly podcast called DiggNation wich covers their top pics of the week. It’s rather funny — for whatever reason, they start off the show reviewing beer. <Homer Simpson voice> MMmmmmmmmmm Beeeeeeerrr</Home Simpson voice>. The show is available as a video download too.