Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Citizen Media's OhmyNews Grabs Funding

? The book is about math |


| BW Podcast with Ask A Ninja ?

February 22, 2006

Citizen Media's OhmyNews Grabs Funding

Heather Green

Dan Gillmor's Bayosphere citizen media startup didn't pan out, but OhmyNews, the Korean company that inspired him, just announced $11 million in venture funding. OhmyNews definitely has traction. Six years old, the site has become a prominent news outlet, with 80 staffers and revenues of $5 million.

OhmyNews plans to use the investment from Softbank to expand internationally and develop its English language and OhmyTV editions. Softbank gets 12.9% of the company's outstanding shares.

09:52 AM

Citizen Media

TrackBack URL for this entry:

Wow! No comments! Me thinks they protest too much.

Posted by: Slav at March 1, 2006 04:27 AM

blog comments powered by Disqus