The Fusion Team have completed over 70 digital and media transactions for its private, corporate and private equity clients. For more information contact pkelly@fusioncorp.co.uk or visit our website
FUND RAISING
Database Reference: F231109-341
Business: Glam Media
Web: http://www.GlamMedia.com
Other Web Links: Twitter
Location: USA, Brisbane, CA
Region: North America
Business description: Glam Media describes itself asa vertical media company that connects brand advertisers with targeted vertical audiences online. It has has over 1,400 publishers organized in vertical networks: Glam.com for Women, Brash.com for Men and Tinker.com for real-time Social Media.
Category: Media, Advertising
Contact 1: Samir Arora, Founder, Chairman and CEO
Contact 2: Fernando Ruarte, Co-Founder, CTO and EVP Engineering
Contact 3: Raj Narayan, Co-Founder, Architect and VP, Engineering
Contact 4: Ernie Cicogna, Co-Founder, EVP Glam Global Partners
Contact 5: Stephen Recht, CFO
Contact 6: Dr. Marcel Reichart, Managing Director of DLD Ventures
Investors: Led by Aeris CAPITAL with existing Glam Media Series D Investors Burda Digital Holding—the digital arm of Hubert Burda Media—and Mizuho Capital participating.
Round: Series E round
Amount raised: $50,000,000
Details: Glam Media, Inc. has raised approximately $50 million in a private equity mezzanine funding. The new funding will be used to open a Digital Media Technology Center, invest in new International markets, launch new Audience-based Vertical Channels, do strategic M&A to build the Glam Media Platform and build an alternative to portals for top brand advertisers.It is thought by some commentators that the values the company at $750 million.
Link: Press Release
Leave a Reply