Kevin McClatchy invests in Gather.com

Privately held Gather.com said today that Kevin McClatchy, chief executive of the Pittsburgh Pirates and a director of newspaper publisher McClatchy Co., took a minority stake in the social networking Web site geared toward adults.

Other investors include former Lotus Chairman Jim Manzi and McGraw-Hill Cos.

The company said it will use the funds to expand product development and support its global expansion plans.

Gather.com members discuss topics ranging from politics to cooking and are paid for their activity on the site. It has more than 1 million visitors a month. (AP)

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