BuzzFeed Obtains $8,000,000 Series B Financing

  • Feed Type
  • Date
    5/12/2010
  • Company Name
    BuzzFeed
  • Mailing Address
    167 Canal Street New York, NY 10013
  • Company Description
    The web is a 24/7 popularity contest. We help the good stuff win.We feature the kind of things you’d want to pass along to your friends: an outrageous video that’s about to go viral, an obscure subculture breaking into the mainstream, a juicy bit of gossip that everyone at the office will be talking about tomorrow, or an ordinary guy having his glorious 15-minutes of fame.
  • Website
    http://www.buzzfeed.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company plans to use the new money scale up and launch a new self-serve product that will allow publishers and brands to try to manage their own viral buzz campaign.
  • M&A Terms
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Founder Collective
  • Venture Investor
    Individual Investor

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