Glam Media, Inc. has raised approximately $50 million in a private equity mezzanine funding

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

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