Paper.li Raises $2.1 Million For Social News Curation, Hits 2 Million Users

Exclusive - SmallRivers , the Switzerland-based company behind Paper.li , a service that taps social streams from users and turns them into personalized online newspapers, has just raised $2.1 million in funding from Highland Capital Partners , SoftBank Capital and Endeavour Vision . The fresh capital and relations will service to grow SmallRivers' team, establish partnerships with global service and content providers and set up shop in the United States and Asia. For starters, SmallRivers is planning to move part of its team from Switzerland to California.