Watchup, the Stanford startup for TV news, has raised a new $2.75 million round led by Tribune Media with participation from The McClatchy Company and existing investors Knight Enterprise Fund, Stanford-StartX Fund, Ned Lamont, Gordon Crovitz and Jim Friedlich. This round brings Watchup’s total capital raised to $4.25 million.
“Watchup extends our vision of expanding the reach of quality local news content, and we are excited to invest in a product dedicated to ensuring that local news is available everywhere,” said Larry Wert, President of Broadcasting, Tribune Media.
Watchup delivers a personalised newscast from thetrusted global news sources to a tablet, smartphone, or other devices. The service curates news from leading media outlets like PBS NewsHour, CNET, The Washington Post, The Wall Street Journal, Univision, and hundreds of others. The app is available on Apple’s App Store, Google Play, Google Glass and Amazon App Store.
“We are so excited about this round because we have brought together a select group of media innovators who are willing to contribute their industry knowledge and their content to help us reinvent the video news experience,” said Adriano Farano, Watchup’s co-founder and CEO. “The Watchup family now includes investors with hundreds of years of journalistic history combined and yet, they are all realising how dramatically watching habits have changed.”