Gannett Invests More in Mobile Search Firm 4Info

That’s according to Gannett’s (NYSE: GCI) latest quarterly report 10-Q, filed this afternoon with the SEC. Buried in the report is this nugget: “The company also increased its investment in 4INFO subsequent to the end of the period, maintaining its approximate ownership interest.” Translated: The newspaper company has invested more money in the mobile search firm in its latest round, and of course with the higher valuation in the round, evened out at the same amount of equity as it had before. Both Gannett and NBC’s venture arm Peacock Equity Fund invested about $15 million in the Palo Alto-based company last year.