Helium has raised over $17M in Series A funding led by Signature Capital LLC and including Northport Private Equity. It is expected to help the citizen journalism hub continue to build tight partnerships with leading publishers and provide support for the launch of new digital media products.
Helium.com currently has community of over 150,000 writers, who cover everything from politics to parenting advice, to pop culture, to the environment and more. The company recently announced a change to Helium’s Terms of Service by which starred writers on Helium.com will receive upfront payments for all new articles in a move to reward the site’s highest quality writers and to promote quality content at Helium.com.
The website also features The Helium Marketplace, which is an on-demand custom content solution used by publishers looking for top-notch content for their publications. Helium also recently announced the launch of Media Solutions, a revolutionary way for newspapers to easily produce quality, custom, local and lifestyle content. Helium’s Media Solutions puts the power of citizen engagement behind media publications, giving them access to quality content that is cost-effective and easy to manage.
Originally posted on October 29, 2008 @ 10:07 am