BuzzFeed Lands $19.3 Million Funding Round

Social news site hopes new cash will keep it dominant well past 2013

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Just under a year after announcing its last big funding round, the ever-expanding BuzzFeed said Thursday morning that it has raised a $19.3 million round of Series D financing, led by the New Enterprise Associates venture capital firm.

The site, which began its transformation from aggregation to a full-fledged social news organization of nearly 200 employees in 2012 with the addition of political reporter Ben Smith as editor in chief, dominated the conversation in digital publishing in 2012 in part due to its unique brand of editorial and native advertising content driven by social discovery and sharing.

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