Associated Press Invests in Verve Wireless

Jul 29, 2008

The Associated Press has invested in mobile news services start up, Verve Wireless. The first round of $3 million included Associated Press, Iron Capital, and other investors in the Encinitas, a California based company. Verve Mobile helps newspapers become mobile, and helps develop local services around it. The Associated Press has been working with Verve on its announced Mobile News Network, that will be the first product released by Associated Press’ Digital Cooperative, an initiative designed to find new digital outlets for the news and information produced by its members.