Publish2 gets Series A financing

Congratulations to Scott Karp and his team at Publish2, who just announced that they have closed a $2.75-million round of Series A funding from Ross Levinsohn’s Velocity Interactive Group. Scott was one of the most perceptive writers about the future of digital media while he was with Atlantic Media (which publishes The Atlantic magazine), and last year he left that job to pursue his vision of how traditional media can use social tools — such as the Publish2 social bookmarking platform — to improve and extend their reporting onto the Web.

I’ve been trying out the beta for awhile and reading what Scott has written about the trials he has done with U.S. papers, and I think he is definitely on to something. I’m looking forward to finding out what else he has up his sleeve. There are some more details at VentureBeat and Jeff Jarvis (who is on Publish2’s board) has a post as well. Steven Hodson at Winextra thinks that by focusing on journalists, Scott has turned his back on the blogosphere (but see Scott’s comment on Steven’s post for clarification).

Update:

Om Malik (a former journalist himself) says he thinks Scott is a smart guy, but he doesn’t see the business potential in Publish2. Mike Arrington also seems skeptical — or maybe it’s just because he didn’t get an invite to the beta 🙂

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About mathewi

I'm the chief digital writer at the Columbia Journalism Review in New York, and a former writer for Fortune magazine and the Globe and Mail newspaper.

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