BuzzFeed Lands $19,300,000 New Financing Round

  • Feed Type
  • Date
    1/3/2013
  • Company Name
    BuzzFeed
  • Mailing Address
    54 W. 21st St. 11th Floor New York, NY 10010
  • 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
    $19,300,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The money will be used for mobile and video development, editorial hires and international expansion, the company said in a release.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Hearst Interactive Media
  • Venture Investor
    SoftBank Capital
  • Venture Investor
    Lerer Ventures

By posting a comment, you agree to our terms and conditions.