Zimbio Secures $8,900,000 Series B Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f40f21f9-8610-46f9-8343-69fec616a7f5&Preview=1 -
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
