Newsy, a news destination website that collects and analyzes perspectives from multiple sources, has raised $2 million in funding from undisclosed investors.

The funding will be used to grow news operations and to build distribution and marketing partnerships. Newsy monitors, analyzes, curates and presents the world’s news coverage through short 2 to 3 minute video segments available both on the web and mobile devices. It is useful for quick news consumption on the go, but also helpful in understanding context around stories covered by media outlets from around the world.

Newsy offers an iPhone app (my colleague Robin Wauters is a fan), Newsy just launched a nifty iPad app that allows you to watch high-quality Newsy videos, which highlight the differences in how global media outlets report a story. Users can flip through videos in a nifty cover flow type fashion, which should be familiar to anyone that uses Apple’s iTunes interface.

Crunchbase

• NEWSY

Company: Newsy

Website: newsy.com

Launch Date: September 1, 2008

Funding: $3.5M

Newsy is a multi-platform, multi-source video news service that monitors, analyzes and presents the world’s news coverage. Through short video segments available on the web and mobile devices, Newsy accelerates the understanding of how a news story is being covered differently by media outlets from around the world. A news analyzer, not a news aggregator, Newsy is the only multi-source video news service producing daily videos - in 2 to 3 minutes, users understand the nuances in coverage - offering...

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