Ongo Inc. Secures A Total Of $12M From 3 Newspaper Publishers

Ongo Inc. received a total of $12 million from three newspaper publishers. Gannett Co. Inc., The New York Times Co. and The Washington Post Co. participated in this initial financing round for the Cupertino, Calif.-based company that plans to launch a service for reading and sharing news and information. Ongo plans to launch the service before the end of 2010.

7 October 2010•2 mins read
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