NowThisNews, a US-based video news provider, has raised $4.8m to take its total in the past year to $10m from a consortium including media group Bedrocket Media Ventures.
The other investors in NowThisNews included venture capital firms SoftBank Capital, Lerer Ventures and Oak Investment Partners.
NowThisNews was founded by Ken Lerer and Eric Hippeau, previously co-founder and chief executive, respectively at AOL subsidiary HuffingtonPost.
Lerer went on to set up his eponymous VC firm, while Hippeau is a special partner…
