Update: HuffPo nabs $5M

Meta blog Huffington Post, launched by one-time California gubernatorial candidate, syndicated columnist, talking head and author Arianna Huffington, has closed on $5 million in venture capital—its first funding round—from Softbank Capital and Greycroft Partners.

PE Week was the first to report that HuffPo was in the market seeking $5 million in a story published on July 17. You can see our previous story here. — PE Week staff.