BuzzFeed Raises $19.3 Million of Funding

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BuzzFeed

Seed: $19,300,000

Founded: 2008
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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

Funding Total: $19,300,000

Round Date Amount Pre Amount Post Amount
Seed o1/2013 $19,300,000
Investors: New Enterprise Associates , RRE Ventures, Hearst Corporation, Softbank Capital, Lerer Ventures

See all fundings here

 
Founders

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