NewsCrafted Raises $1.1M

Los Angeles-based NewsCrafted, a company which provides elementary and middle schools with professionally designed, high quality newsletters -- including content, has raised $1.1M in an angel financing round, the second angel round for the company. According to the company's investors, the funding comes on top of an earlier, $1.25M in angel funding for the company. The company's investors include Broadmark Capital. NewsCrafted publishes professionally printed newsletters which combines custom content and localized advertising and distributes it to individual elementary and middle schools--all based on a custom software publishing tool developed by the company. NewsCrafted is led by David Koenig. More information »