BuzzFeed Raises $19.3 Million of Funding
- ... What do you have to say? 0 Comments
New York, New York – BuzzFeed, a a leading social news organization, intensely focused on delivering high-quality original reporting, insight, and viral content has raised $19.3 million of seed funding led by New Enterprise Associates (NEA) and backed by existing investors RRE, Hearst, SoftBank and Lerer Ventures.
The new funding will be used for the development of the mobile and video platform, hiring new employees and for the expansion to the international market.
BuzzFeed now has a total of $46 million of funding.
Funding Total: $19,300,000
|Round||Date||Amount||Pre Amount||Post Amount|
|Investors: New Enterprise Associates , RRE Ventures, Hearst Corporation, Softbank Capital, Lerer Ventures|