You might have heard: Mobile-first news app Circa allowed users to follow on-going stories by creating a series of “atoms” that came together as long-form content, and Circa explored using “sponsored atoms” as a form of advertising
But did you know: Mobile news app Circa is looking for a buyer after failing to secure a new round of venture capital funding. Since 2012, Circa had raised more than $5 million from investors. Co-founder and CEO Matt Galligan says Circa is looking for an acquisition, and it’s possible that the brand will survive or the technology from Circa will be applied elsewhere. Galligan says: “Our intent is to find the right partner to keep growing this idea.”
The post After being unable to secure venture capital funding, Circa is seeking a buyer appeared first on American Press Institute.
from American Press Institute http://ift.tt/1DOYgeq
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