NowPublic is a user-generated social news

Social news

A social news website is a type of website that features user-submitted stories that are ranked based on popularity.-Slashdot:Slashdot, started in 1997, was one of the first social news websites. It focuses mainly on science and technology related news. Users can submit stories, and the editors...

 website. The company is based in Vancouver, British Columbia, Canada, and was founded by Michael Tippett

Michael Tippett (businessman)

Michael Tippett is an entrepreneur, columnist and educator. He was the original founder of NowPublic which is one of the pioneers in citizen journalism and quickly becoming one of the largest news agencies in the world. In 2009 the site was nominated for an Emmy in Advanced Technology...

, Leonard Brody

Leonard Brody

Leonard Brody has been called a “controversial torchbearer for this new world order.” He is a highly respected entrepreneur , venture capitalist, best-selling author and a 2 time Emmy nominated media visionary...

 and Michael E. Meyers in 2005. On Sept. 2, 2009 the company was acquired by Clarity Digital Group, LLC, wholly owned by The Anschutz Company, a Denver-based investment company. Financial details of the deal were not disclosed.

In addition to content contributed by users, NowPublic had a content-sharing agreement with the Associated Press

Associated Press

The Associated Press is an American news agency. The AP is a cooperative owned by its contributing newspapers, radio and television stations in the United States, which both contribute stories to the AP and use material written by its staff journalists...

.

Time magazine named NowPublic.com one of the Top 50 websites of 2007. In 2009, the site was nominated for an Emmy in Advanced Technology.

Financing

On July 30, 2007, a Canadian national daily, The Globe and Mail

The Globe and Mail

The Globe and Mail is a nationally distributed Canadian newspaper, based in Toronto and printed in six cities across the country. With a weekly readership of approximately 1 million, it is Canada's largest-circulation national newspaper and second-largest daily newspaper after the Toronto Star...

, announced that NowPublic Technologies had closed a US$10.6 million round of financing from North American venture capital groups, following several takeover offers. These investors include New York's Rho Ventures

Rho Ventures

Rho Ventures is a venture capital firm that actively invests in technology, new media, cleantech and healthcare companies.The firm, which is based in New York City, Palo Alto and Montreal, was founded in 1981. The firm has raised over $2 billion since inception across 6 funds...

 and its Montreal

Montreal

Montreal is a city in Canada. It is the largest city in the province of Quebec, the second-largest city in Canada and the seventh largest in North America...

 affiliate and early investing Canadian firms Brightspark and GrowthWorks

Growthworks

GrowthWorks Capital Ltd is a Canadian venture capital firm investing in early stage companies....

.