Batanga Receives $30 Million for Hispanic Social Network

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Batanga

C Round: $30,000,000

Founded:
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Batanga is a media and entertainment company reaching Hispanics across multiple platforms.

Batanga is a niche social media network focused on the Hispanic market, Batanga describes themselves as a media and entertainment company. They state they are more than a social media site, as they not only have an online social network but they also reach the hispanic market through 20 exclusive online Latin radio stations and more than 5,000 user-programmed radio stations.

Their goal is to build the first Latino online brand. You may have the language of the site displayed in either English or Spanish.

Batanga stats: over 4.5 million+ unique visitors per month, streams 90 million+ songs per months, streams 10 million+ videos per month, and has 100,000 members as of August 2007.

 
Funding

Funding Total: $30,000,000

Round Date Amount Pre Amount Post Amount
C 08/2007 $30,000,000
Investors: Tudor Ventures, H.I.G. Ventures

See all fundings here

 
Founders

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