Daylife, the online news aggregator site, has raised $8 million in a second round of funding. Investors include Arts Alliance Digital Ventures and Balderton Capital. Existing investor New York Times Co. returned for further investment in this round.
The service offers a way to search content that's been chosen by Daylife to be included on the site, and bookmark it internally for later reference. Content is broken down into more searchable items such as quotes, images, and articles, and related content is provided for more browsing opportunities as well. Additional information such as time lines are also made available for a particular search. Daylife launched its public beta earlier this year, but has not gained much traction as of yet.
Unlike most aggregator sites, Daylife isn't much of a community. Your profile consists of a list displaying those items you've starred, and there is no way to submit items you'd like to include in Daylife's catalog, though you may suggest a publication. The purpose of its site is to offer all premium content to readers, from a range of sources, incorporating different perspectives. Having a way to make this content more shareable with other networks via widgets, or services such as Pageflakes, would provide more value as well.