Investing / Media

Media startup raises $1.3M seed round

Founded by a former CNN intelligence correspondent, The Cipher Online aims to cover national security issues for a business-savvy audience.

The Cipher Online will specialize in national security news. (Photo by Flickr user DVIDSHUB, used under a Creative Commons license)

D.C.-based The Cipher Online has raised $1.3 million, the Washington Business Journal reported Friday. The company, founded by former CNN intelligence correspondent Suzanne Kelly, will cover national security issues for a business audience.
From the WBJ:

Kelly said the news product would be focused on highlighting both international risks and opportunities for the national business community — industries such as energy, hospitality and finance, for example. By “opportunities,” she means shedding light on local communities with commercial potential; risks refer to trouble spots abroad that could pose issues for domestic businesses.

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