Digg raises millions more funding

VentureWire reports Digg has raised another $8.5 million in funding from previous investors, Greylock Partners and the Omidyar Network, which is run by eBay founder Pierre Omidyar. “A lot of where this is going is increasing our development team and focusing on the features our users are telling us to add,” said Digg Chief Executive Jay Adelson in an interview. “Our board and investors did not want us to focus, at any time, on monetization at this stage. Our focus has been on user growth.” Greylock investor David Sze says it’s unlikely Digg will be sold anytime soon as they’re looking at partnering with sites interested in integrating Digg’s functionality. (Via PaidContent)