Social news start-up Banjo has raised a fresh $16 million led by Balderton Capital, along with BlueRun Ventures and Vegas Tech Fund. “The start-up has evolved from a mostly consumer-focused
product that let you view the social media updates of people around you, to a cross-platform product that allows both consumers and media companies to experience and share real-time events and
headline-making news as they unfold across the social Web,” according to TechCrunch. Banjo has now raised $21 million to date.
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