Thursday, November 25, 2010

Gather Raises $2.4 Million, Makes Demand Media-Esque Pivot

Social news site Gather has raised another $2.4 million in funding this week, in order to pivot its core business and focus on being a content on demand platform for other publishers, like Demand Media. Gather currently allows to writers to submit content and generate ad revenue share based on pageviews and site engagement.

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