Sources in connection with BostInnovation (specifically, our lawyers at Goodwin Procter and wire transfer “friends” at Bank of America) are reporting that we have officially closed $1.3 million in seed financing for Streetwise Media Inc. Streetwise Media is the company that owns and operates this fine site, BostInnovation.com, and upon which you are reading said announcement.

Our investors include:

  • TL Ventures – Mark DeNino, Managing Director and Carolyn Harkins, Director
  • Boston Seed – Nicole Stata, Founder & Managing Director and Peter Blacklow, Venture Partner
  • Jeff Fagnan – Partner at Atlas Venture
  • John Garbarino – CEO of Epic Medstaff Services
  • Jeff Parker – Founder of 2 companies that sold to The Thomson Corporation and now Partner at GrandBanks Capital
  • Alan Phillips – Co-founder of WHERE, which was recently acquired by eBay/PayPal
  • John LeClaire – Partner at Goodwin Procter

Joining our Board:

Joining our Board of Directors will be Carolyn Harkins of TL Ventures (follow her on Twitter @InvestorGirl). She is founder and CEO of Harkins Venture Advisors and Managing Director of Penn Mezzanine Partners.

We also welcome to the Board Sam Figler, formerly VP Global Sales & Business Development at Yahoo! and SVP Business Development The Huffington Post, now EVP of Business Development at new ad tech company Criteo.

The opportunity:

As print newspapers continue to wither away and traditional media models are disrupted by the Internet and digital technologies, we at Streetwise Media see a large opportunity to build a digital media company focused on creating quality city news properties. Where old media is focused on controlling information, we are focused on creating community around the news. And where old media is focused on restricting access to content and information, we are focused on engaging as many users as possible by providing the highest quality news experience we can deliver. We strongly believe that our content consumption habits have evolved with the development of the Web, and we need a new class of media focused on new forms of storytelling, content and products that suit our digitally oriented informational needs.

What’s next:

So, what’s next for us? Well, we’re hiring!!! Specifically, we are looking for:

1) Content Producers

Journalists, bloggers, videographers… whatever you call yourself, we’re hiring and we want hungry people that burn to create awesome content that engages a large audience. As a member of our content team, you need to be a high-energy individual interested in owning a particular vertical (Business, Colleges, Sports, Culture, etc.) with the ability to not only create great content, but also the ability to develop and grow a community around your vertical. (email Chase at bostinnovation dot com)

2) Product Developer

We’re looking for a front-end product developer who is interested in creating innovative products that will shape the future of the news media landscape. We’re built on WordPress and have some seriously cool proprietary tech behind the scenes. Expertise in HTML/CSS/JS a must as well as experience with PHP. (email Kevin at bostinnovation dot com)

3) An Operator

We will be growing quickly and are looking for a good operator who can execute the hell out of our content production, marketing and sales operations. (email Chase at bostinnovation dot com)

You’ll join the team below, and will be forced to take an old school HS yearbook badge photo like this:

We’re honored to have such a great group of investors supporting the Streetwise cause. And MOST IMPORTANT, we want to thank you and all of our loyal readers for continuing to turn to us for news and information!