Politico co-founder Jim VandeHei will launch a media outlet targeting corporate executives and other professionals with a mix of business and political news, according to a report in the
Wall
Street Journal. "The soon-to-launch company secured about $10 million in financing late last week, according to people familiar with the matter. The investment round was led by Lerer Hippeau
Ventures, the venture-capital firm that helped launch the Huffington Post and BuzzFeed. Comcast
Corp.’s NBC News unit also is backing the startup and will
serve as its media partner," the report said.
Read the whole story at The Wall Street Journal »
