SmartNews travels fast with $36m series B

Aug 11, 2014 • Joanne Faulkner

Trending news app SmartNews has now raised $40m in total after receiving $36m in a Gree-backed series B round.

Japan-based news reading app developer SmartNews has secured $36m in a series B round led by the corporate venturing unit of social gaming company Gree, Re/code reported on Thursday.

The round also included investment firm Atomico. Gree’s investment is being made through its $100m business development fund, which finds companies with which Gree is able to build business relationships.

SmartNews, which has over four million users, uses algorithms to curate trending news stories and mines the most popular news topics…

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