Terms of the funding were not disclosed. The start-up, which was formed last March, currently provides listings of shared office spaces and other detailed space descriptions in over 100 cities around the country. The co-branded Newsweek site will include sections such as National and World News, Business and Money, Science and Health, Lifestyle and Family and Technology., Entertainment and Periscope in addition to the cover story and other weekly features and highlights. The launch of Newsweek. The online publishing rights distributor launched a Web site that allows sellers of publishing properties to display their properties for potential buyers and list available rights and desired terms of sale.
Buyers can search properties and place bids for purchase.
Currently in the works is the sale of subsidiary rights for two New York Times bestsellers. Individual investors are backing Rightsworld. The site is expected to launch by the end of the summer. Enjewel has received additional equity from B.C. Clark, Christopher Designs, Diana, John Hardy Collection, Charles Krypel, Lacy and Co., Tapper's Diamonds, and Find Jewelry, tiny jewel Box,Traditional Jewelers, and Underwood Jewelers. ScreamingMedia teamed with advertising service company Real Media for content delivery and ad serving to newspapers.