Glam Media Received $84.6 Million for their Media Company
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Glam Media raised $20 Million in debt financing and $64.6 Million in equity financing for a total of $84.6 Million. Equity financing was from Hubert Burda Media, GLG Partners, DAG, Accel Partners, Draper Fisher Jurvetson, Walden Ventures and Information Capital, while debt financing was provided by Technology Growth Capital. Previously received funding worth $18.5 Million.
What does Glam Media do?
Glam Media is a media company providing reach into fashion and lifestyle sites.
Glam Media provides reach into various sites as would any advertising or marketing company. However Glam Media differentiates itself by also owning many of the sites they provide reach into.
Per Glam Media they currently have 44 million global unique monthly visitors. Their network contains more than 450 popular and lifestyle websites, blogs and magazines.
Take a look at Glam Media.
Read more about Samir Arora here.
Read more about Fernando Ruarte here.
Read more about Susan Kare here.
Read more about DAG (Duff Ackerman & Goodrich) here.
Read more about Accel Partners here.
Read more about Draper Fisher Jurvetson here.
Read more about Walden Venture Capital here.
Read more about Hubert Burda Media here.