News aggregator SmartNews raises $230 million, valuing its company at $2 billion
SmartNews, a Tokyo-headquartered news aggregation site and app that’s grown in appeal in spite of hefty competitors from built-in aggregators like Apple News, today revealed it has actually closed on $230 million in Series F financing. The round brings SmartNews’ overall raise to date to over $400 million and values the business at $2 billion — — or as […] , a Tokyo-headquartered news aggregation website and app that’s grown in popularity in spite of substantial competition from integrated aggregators like Apple News, today announced it has closed on $230 million in Series F financing. Founded in 2012 in Japan, the company launched to the U.S. in 2014 and broadened its local news footprint early last year. SmartNews’belief is that these news customers still have a right to access quality information. The company tells us, citing App Annie July 2021 data, that it sees a typical time invested per user per month on U.S. mobile gadgets that’s higher than Google News or Apple News combined. …
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