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A $3 Million Round And A New CEO For Outside.in

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Local news and blog site Outside.in has raised $3 million in a series A financing. Investors include Union Square Ventures, Milestone Venture Partners, the New York City Investment Fund. That brings the total raised so far to $5.4 million, including two angel rounds. (Marc Andreesen, Esther Dyson, John Seeley Brown, and George Crowley were some of the angel investors). The company also gains a new CEO in Mark Josephson, the former president of ad network Seevast and former general manager of About.com.

Outside.in has created a database of location-specific blogs and Websites. It’s new front door is going to be a feed service called Radar that is now in private alpha and only covers New York City. Union Square’s Fred Wilson describes it this way: “Radar is like FriendFeed for geo/hyperlocal. You subscribe to places and neighborhoods you want to follow and you get a custom feed.”

If you live in New York City and want to check it out, we have 25 alpha invites. Send an email to tcinvites [at] outside [dot] in.

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