Fresco Info Raises $1.2M For Crowdsourced Journalism
Fresco Info has raised $1.2 million in seed funding.
I first wrote in regards to the startup once more in June, when founder and CEO John Meyer (pictured above) outlined that the company was working an app the place clients may every browse breaking info content material materials and as well as accept assignments to contribute pictures and films to expert info organizations.
In any case, native newspapers and or broadcasts won’t have the belongings to ship a reporter to every event, notably when they need to attain a distant location shortly, for example if there’s a hearth. So in its place, they could create an process and alert any shut by clients that they’re seeking footage from the fireside — contributors get hold of compensation and credit score rating.
Meyer said that for the previous couple of months, Fresco has been growing its newsroom devices whereas bringing additional of those process capabilities into the revamped iPhone app which launched earlier this month. The company says that info organizations already using its devices embrace The Associated Press, Media Primary and Calkins Media, along with “dozens” of smaller info organizations.
Consumers inside the seed funding embrace CNN co-founder Reese Schonfeld, MediaBistro founder Laurel Touby, former Yahoo authorities Ross Levinsohn, former NewsCorp/AOL exec Jonathan Miller, Science Inc. founder Michael Jones, Fresco Capital, 1517 Fund, Social Begins and Wavemaker Companions.
Subsequent steps embrace bringing additional newsrooms into the system — Meyer said there’s already an enormous waitlist.
Featured Image: Fresco Info