Monday, July 14, 2014

Maveron Gets Exit At Newsle

Seattle-based venture investor Maveron has scored an exit at one of its portfolio companies, Newsle this morning, as Newsle was acquired by LinkedIn. Financial terms of the buy were not disclosed. Newsle develops natural language processing and machine learning technology used to surface articles about your contacts on LinkedIn automatically. LinkedIn will use the buy to bolster its core offerings with Newsle's technology.