This late breaking news comes out of the NewTeeVee conference: GigaOmni Media, the group behind NewTeeVee and GigaOM has raised an undisclosed amount over $1 million in its second round of funding. Providers of the current round are previous investor True Ventures, and a few other undisclosed angels.
With five blogs and multiple events this year that are presumably in the black, many of us are asking exactly what it is that all this cash is going to fund? Our guess is most of it is earmarked to pay off that plasma screen TV that Owen Thomas of ValleyWag knocked over earlier this evening.
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