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News Aggregation Site Daylife Gets $8.3 Million Second Round

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Daylife, the much-hyped online news aggregation site which launched for public consumption in January but hasn’t gained much traction as of yet, has raised $8 million in second round of funding, according to SEC filings, picked up by PEHub. Investors include previous investor the New York Times Co., and led by new investor Balderton Capital (f.k.a. Benchmark Capital Europe) and included Arts Alliance Digital Ventures. A good review of the service is here, though the site has changed its layout and functionalities since the launch. If you want to know what has happened with Daylife since, read this good recent story on, “Dreaming in Code“, about Jonathan Harris, the now-in-sabbatical design director for Daylife.

6 Responses to “News Aggregation Site Daylife Gets $8.3 Million Second Round”

  1. Paul Olea

    $8M??? What's the pitch? I don't see this one fly.

    Out of all the newcomers in the social news space I only bet on two: (from what I've read it sounds godd but still waiting for the launch) and (it has what it takes to reach mainstream).