Paidcontent, run by Rafat Ali, has accepted VC funding:

The biggest step till now was me deciding to go full time with the blog, back in early 2003. This tops that:

The news: ContentNext Media, the parent company of our three sites – paidContent.org, MocoNews.net and ContentSutra — has received its first round of investment from Alan Patricof’s new venture firm Greycroft Partners. The amount is not being disclosed.

Congratulations to Rafat and his team!