Zimbio Secures $8,900,000 Series B Financing Round

  • Feed Type
  • Date
    5/2/2012
  • Company Name
    Zimbio
  • Mailing Address
    990 Industrial Road Redwood City, CA 94070
  • Company Description
    We enable our contributors to build wikizines – interactive magazines that anyone can create or edit – with coverage of current events, cultural reference points, and niche areas of interest. We make it simple for people to compile the web’s most relevant and dynamic content into easily-searched topics, so readers can find and react to the full story from multiple perspectives.
  • Website
    http://www.zimbio.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $8,900,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The capital will be used to scale Zimbio’s product and editorial staff, build a media sales team, and fund upcoming product launches.
  • M&A Terms
  • Venture Investor
    Menlo Ventures
  • Venture Investor
    Great Oaks Venture Capital
  • Venture Investor
    Draper Associates
  • Venture Investor
    Comerica Bank
  • Venture Investor
    Undisclosed

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