Hyperlocal news network Main Street Connect has a new CEO–tech industry vet Zohar Yardeni–and also closed a $7 million funding round, the company announced.
Yardeni was at Thomson Reuters (NYSE: TRI), where he was global head of product capabilities. Before that, he founded location-based instant messaging service radiusIM and earnings call transcription service CallStreet.
Yardeni replaces Main Street Connect founder and publisher Carll Tucker, who now becomes chairman of the company.
“I’m excited to take on the challenge of making Main Street Connect the dominant local news medium in the United States,” Yardeni said in a statement.
Main Street Connect now covers 52 communities in Fairfield County, Conn.; Westchester County, NY; and Central Massachusetts. It is a competitor with AOL’s Patch, which also operates sites in those areas.