StartX a big needle in Haystack

Apr 9, 2015 •

Streaming news television service startup Haystack TV raises $1.7m from Stanford StartX fund and other sources.

Stanford StartX Fund has backed Haystack TV, a streaming news service, in a seed round worth $1.7m.

Other backers in the round include Inspovation Ventures, DeltaG Ventures, SGH Capital, and individual backers.

Incubated at the StartX accelerator in 2013 and launched last year, Haystack is looking to capitalise on the move away from appointment-based TV to online streaming services while keeping a focus on news broadcasts. Essentially a news aggregator, Haystack pulls clips from 150 news organisations who publish to…

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