The Mark announced yesterday the closing of its second round of financing. The Mark News is a Canadian startup, focused on creating and distributing original programming from a handpicked global (but mostly Canadian) network of over 1,500 experts.
This round of funding will go towards original shows and hosted conversations. The Mark will continue growing its current content, its “powered by The Mark” website production and its “innovative research” studies that survey The Mark’s network of extraordinary people.
Innovation Grade Ventures led the round of funding, which also included prominent investors Jordan Banks, Stephen Greenberg, Edward Greenspon and Brian Cooper. “As the recent AOL purchase of Huffington Post demonstrates, a premium is being placed on organizations like The Mark that deliver what consumers are demanding; high-quality, multimedia content built for distribution across all platforms and social media,” says David Ceolin Managing Partner of Innovation Grade Ventures.
The Mark News was founded in 2009 and is based in Toronto.