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Skift, the travel news startup from paidContent founder Rafat Ali, has added $1.1 million to the $500,000 seed round it raised last year. Lerer Ventures led the round, along with new money from funds including Advancit Capital and individuals including Martin Nisenholtz and Shakil Khan. Ali said the money will help him double his staff, to 10, and to launch new services.
News Byteretiring at the end of this year. A 16-year veteran of the Times, Nisenholtz quarterbacked the company’s online efforts, beginning with NYTimes.com in 1996. Additional details at paidContent.
News BytePaidContent and Ars Technica have good coverage.