I’m thinking we should stop calling this place “Lost Remote” and start calling it “Found Money.” We have another story today about a citizen media outlet raising serious cash. This time, it’s citizen journalism platform AllVoices, which has just raised another $3 million. That brings its total funding to $9 million. According to TechCrunch:
AllVoices allows anyone to contribute blog posts, images, videos and other observations, on local and global news. The site’s proprietary technology (AllVoices has filed for three patents) will tag, rank and sort news based on a global, regional, country and city pages and will determine what is breaking news and popular (in terms of phases of a news cycle).
AllVoices is no small effort. TechCrunch reports that the site has “275,000 citizen reporters and is seeing close to 5 million unique visitors per month.” It also has a small incentive program that pays between 25 cents and $2 per thousand views (CPM) to writers whose stories catch on. AllVoices claims that’s more than double the number of CNN iReporters.