Genius Secures $40,000,000 Series B Funding

  • Feed Type
  • Date
    7/11/2014
  • Company Name
    Genius
  • Mailing Address
    1625 North Market Blvd. Sacramento, CA 95834 USA
  • Company Description
    Genius communities called: Pop Genius, History Genius, Lit Genius, Sports Genius and Screen Genius, as well as X Genius.
  • Website
    http://www.genius.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $40,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Genius (nee RapGenius) also plans to use the funding on hiring–especially engineers, designers and “community leaders” who can entice new users and build hype online around hot topics and posts being discussed within the Genius platform. The company plans to begin “revenue-generating experiments,” in the fourth quarter of 2014.
  • M&A Terms
  • Venture Investor
  • Venture Investor

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