Ongo Inc. Raises $12M From 3 Giant Newspaper Publishers
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New York, New York — Ongo Inc. raised a total of $12 million from top U.S. newspaper publishers. The funding came from Gannett Co. Inc., The New York Times Co. and The Washington Post.
Ongo will be releasing a software for reading and sharing news and information that is expected to be very innovative in the field of online publishing platforms. Ongo plans to launch the service before the end of 2010.
Funding Total: $12,000,000
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|Investors: Gannett, New York Times, The Washington Post Company|