Digg Receives Additional $8.5 Million

Jan 05, 2007

Digg, Inc., a web community that enables the mass internet audience to prioritize news and content, has closed an additional round of funding in the amount of $8.5 million led by Greylock Partners. Other participating investors are Omidyar Network, SVB Capital, and G&H Partners. Proceeds from this round of funding will be used for new feature and market development as well as for expanding the Digg team in all functional areas.