Columbia, Mo. – Mobile video news service Newsy announced on
Monday that it has raised $1.5 million in new financing, from a St. Louis, Mo.-based
private equity firm.
Missouri-based Newsy offers two-minute news videos
tailored for mobile devices, and has apps available for the iPad, iPhone,
BlackBerry and Android devices.
The company will use the funds to grow its
editorial, marketing and sales teams.