Nonprofit Bay Citizen news organization raises $10M, mostly from San Francisco bigwigs

The Bay Citizen, the “nonprofit, nonpartisan news organization” that launched last May with $5 million in funding from billionaire Warren Hellman, said Thursday it’s subsequently raised an additional $10 million.

In recent months, The Bay Citizen has taken to asking readers and others to contribute to its cause, akin to the pledge drives used to solicit philanthropic funding for many public television stations.