News consumption is inexorably moving to mobile devices and New York-based start-up “NowThisNews” is making important strides in creating a mobile-first video news platform says veteran publisher Eric Hippeau,  managing director of  VC firm Lerer Ventures, an early investor in NowThis News.  Today, Lerer and other investors announced they would provide $4.8 million in new funding.

We spoke with him last week at the Digitas NewFronts event where was a speaker.