San Francisco
– AllVoices, a citizen journalism site, has raised $3 million in a new round of
funding from VantagePoint Venture Partners, TechCrunch reported.
Founded in
2008, San Francisco-based AllVoices lets any user upload news content to the site,
and counts 5 million unique monthly visitors.
Contributors can be paid for
their work, depending on the number of page views their stories attract,
ranging from $0.25 per 1,000 views, with a minimum of 10,000 views, to $2.00 per 1,000 page views, with a minimum of 100,000 views.
The company
has now raised about $7.5 million in funding to date.
Related Links:
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(TechCrunch)
