Glam Media to go public in Q2 2012

According to Ad Age Digital, sources close to Glam Media said that its North American business became profitable in fourth-quarter 2010 and that it will file to go public in the second quarter of 2012. The company is considering Goldman Sachs or Morgan Stanley to lead the offering and Bank of America to underwrite it.

Glam Media is led by its founder and CEO Samir Arora. Fernando Ruarte, CTO, and VP Engineering and Raj Narayan are Co-Founders with Arora.

Glam is a vertical media company with 2000 plus lifestyle websites and blogs. It is best known for Glam.com, a website targeted at women. The company also operates the male counterpart Brash.com.

Funding

  • 2004 – Seed stage, £1.1M series A led by Information Capital LLC
  • 2005 – Series B, £10M led by Accel, with DFJ and Walden VC
  • 2006 – Series C, £18.5M led by Accel, with DFJ and Walden VC, Information Capital LLC and DG Ventures
  • 2008 – Glam Media raises $85 million in private strategic funding
  • 2010 – Glam raises $50 million in private equity mezzanine funding

Read the fill story here.

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