Glam Reaps New Funding, Expands Into Japan

  • April 6, 2009
Vertical online ad network operator Glam Media has raised approximately $10 million in new funding from a group of investors including Mizuho Venture Capital, a subsidiary of Mizuho Bank, and simultaneously announced a new joint venture for Glam Media Japan KK with investments from top ad agencies Dentsu and ADK, leading magazine publishers Shogagukan and Syueisya, top news and print publisher NikkeiBP and additional local investment by Mizuho. The funding also included a second round from Hubert Burda Media, which is operating in a Glam Media joint venture in Germany.
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