TechMediaNetwork Secures $33,000,000 Series B Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=56f6b1dc-e886-4674-baf7-5d2b396b2582&Preview=1 -
Date
9/26/2011 -
Company Name
TechMediaNetwork -
Mailing Address
150 Fifth Avenue 9th Floor New York, NY 10011 -
Company Description
TechMediaNetwork is a publisher of high-quality original content with owned and operated brands and an advertising partner network that combined reach 71 million unique readers monthly, plus millions more through syndication to major media partners. -
Website
http://www.techmedianetwork.com -
Transaction Type
Venture Equity -
Transaction Amount
$33,000,000 -
Transaction Round
Series B -
Proceeds Purposes
TMN will use the funds to increase its acquisition program, further expand its growing news organization, enhance its monetization strategies and increase the distribution of its content. -
M&A Terms
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Venture Investor
ABS Capital Partners -
Venture Investor
Village Ventures -
Venture Investor
Highway 12 Ventures
