Mashable Secures $15,000,000 New Round

  • Feed Type
  • Date
    3/31/2016
  • Company Name
    Mashable
  • Mailing Address
    304 Park Avenue South 3rd Floor New York, NY 10010 USA
  • Company Description
    Mashable is a leading source for news, information & resources for the Connected Generation. Mashable reports on the importance of digital innovation and how it empowers and inspires people around the world.
  • Website
    http://www.mashable.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    As part of the new partnership, the two companies will develop content together for both digital and linear distribution. Plus, Turner will gain access to Mashable’s Velocity technology—an analytics tool that Mashable uses to help identify which content is likely to resonate in social media.
  • M&A Terms
  • Venture Investor
    Turner Broadcasting
  • Venture Investor
    Time Warner Investments
  • Venture Investor
    Updata Partners

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