LA Times Takes A Stake In Mixx

The LA Times has taken a stake in social news voting site Mixx.

Virginia based Mixx launched into private beta in September and has been gaining positive reviews, with Michael Arrington noting recently that the site had been gaining “refugees” from Digg.

The company has a strong pedigree with founder Chris McGill having previously been the General Manager of Yahoo News and more recently the VP Strategy at USA Today. The site describes itself as taking the best features of Digg, LinkedIn and My Yahoo.

As part of the investment readers will “have direct access to Mixx’s networking and personalization tools through integrated functionality on story pages” and LATimes stories will be available through Mixx search results.

The amount of the investment was not disclosed.

(via Venture Beat)