MiTu Receives $27,000,000 New Funding

  • Feed Type
  • Date
    1/14/2016
  • Company Name
    MiTu
  • Mailing Address
    2105 Colorado Avenue Santa Monica, CA 90404 USA
  • Company Description
    Mitu is the voice of young Latinos in the US and worldwide. As the leading tech-media brand fueled by the largest community of Latino content creators and social media influencers, mitú is focused on creating fresh and culturally-relevant content for the next-generation Latino.
  • Website
    http://www.mitunetwork.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $27,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    mitu also plans to significantly ramp-up its investment in product and technology to expand its content publishing platform and audience data tools, launch its influencer-marketing platform (mituberos.com) as well as expand its ecosystem of apps.
  • M&A Terms
  • Venture Investor
    WPP Ventures
  • Venture Investor
    Verizon Ventures
  • Venture Investor
    Upfront Ventures
  • Venture Investor
    AwesomenessTV

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