Three US publishers provide strategic investment in Ongo, a start-up company expected to launch a consumer service for reading and sharing digital news and information.

Ongo, a start-up company expected to launch a consumer service for reading and sharing digital news and information from multiple publishers, has gained $12m in its seed round from three US-listed publishers.

Gannett, New York Times and Washington Post provided Ongo’s initial round of finance ahead of its product launch later this year. Washington Post’s mergers and acquisitions and planning and development group made its share of the investment rather than its  corporate venturing unit housed under education subsidiary, Kaplan,…

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