Intercasting snags $5.5M first round

Location-based services and content firm Intercasting secured $5.5 million in first round funding from Avalong Ventures and Masthead Venture Partners. Intercasting is developing location-based servics for community type applications. The company's first product, Rabble, is a blogging/social networking app that connects users through their mobile phones.

For more on Intercasting's funding:
- view this blurb from