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TV group invests in hyperlocal news platform

Posted by Cory Bergman on February 2, 2010

Seattle-based Fisher Communications is one of the mystery investors in Datasphere, which announced a $10.8 round of funding in early January, reports PaidContent. Datasphere powers over 100 neighborhood news sites for Fisher’s television stations in Seattle (KOMO), Portland (KATU) and a few other markets. Fisher’s investment was $1.5 million.

In July 2007, Fisher bought Pegasus News, the Dallas-based news and hyperlocal data startup, only to sell the company in January of 2009. (Thanks Ian!)