February 14, 2019
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Traditional media is going through a major upheaval at present, with paywalls proving an ineffective business model, Amazon chief Bezos buying the Washington Post, viral masters BuzzFeed promising to invest their revenue in investigate reporting, and Netflix overtaking traditional paid cable like HBO in revenue generation. At API Strategy and Practice, Kristin Calhoun from the Public Media Platform talks about how public media partners are using APIs to prepare for the changing landscape.
Loggly has just secured a new round of funding for its event-logging Loggly API. The company added $5.7 million which more than doubles the $4.7 million total from series A & B investment rounds. This round introduces a new investment partner, Matrix Ventures, as well as a new CEO Charlie Oppenheimer and CTO Jim Nisbet. Oppenheimer hails from Matrix Ventures where he served as an executive in residence.