New York Times, AoL, invest in social, new tech companies
As pointed out by PaidContent.org, the incubator projects backed by Betaworks of New York City read like the “who’s who” of online startups.
Now The New York Times Company, AOL Ventures, Intel Capital, RRE Ventures and others have contributed $20 million as a second round of funds. Its first round brought in $8 million.
This money will help grow current projects that include Bit.ly, Twitterfeed, TweetDeck, Stocktwits, Chartbeat, DailyBooth, Hot Potato, Tumblr, UserVoice and Outside.in. It will also help new start-ups with incubation, investment or acquisition. Betaworks is majority owner of Twitterfeed.
