CALIFORNIA - Paper.li reported to have received new funding for USD2, 1 millionfrom several investors for the development of the company.
SmallRivers SA, the Swiss company Paper.li maker announced that they receiveinvestment funds from Highland Capital Partners, SoftBank Capital, and EndeavourVision. Such as the unquoted from Mashable, Wednesday (01/12/2011).
In this investment cooperation, SmallRivers also got two new members to the ranks oftheir president is Dan Nova dari Highland Capital Partners and Ronald Fisher ofSoftBank Capital.
Paper.li make 'social Newspaper' to Twitter and Facebook, by collecting contentbased on keywords, the user name and hashtag.
According to the Paper.li, which was launched last summer, they have now beenvisited by 2 million visitors, is operated in four languages namely English, Spanish,German and French, and had to publish 140 thousand social newspaper created byusers.
To market 'social newspaper' Paper.li not alone. PostPost TigerLogic productionalso makes a similar product based on news feeds. There was also a Flipboard, a'social magazine' which is a product aggregator that operated through the iPad.
Paper.li is a social website that serves as a 'news aggregator'. Allowing users tocreate 'social newspaper' their own, by gathering links shared via Twitter and Facebook.
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