DataSphere lands $10.8 million to create hyperlocal Web sites

Hyperlocal Content - We've certainly seen a lot of activity in the hyperlocal news arena in recent months as media companies such as Msnbc.com, The New York Times, ESPN and others look to expand their audiences regionally. Smaller media properties also see opportunity in segmenting the news, creating niche online news sites around neighborhoods or topic areas. Read more abouy hyperlocal spending here>>>