Receives $15 Million in Additional Funding

Nov 07, 2006 has raised $15 million of additional funding from three of the nation's largest newspaper companies, Gannett Co., Inc., The McClatchy Company, and Tribune Company. will use the investment to fuel the expansion of its news communities and to fund development and marketing of new online consumer news services. With this investment, Gannett and Tribune each own a 33.7% stake in, while McClatchy owns an 11.9% stake.