News Brief
Glam Media Raises $50M
Feb 2, 2010, 9:34 PM
Glam Media has raised about $50 million in a Series E round of funding, the media and advertising network said Tuesday. Aeris Capital led the round along with existing investors Hubert Burda Media's Burda Digital Holding and Mizuho Capital. The new funds will be used to build what it's calling a Digital Media Technology Center, along with global expansion and strategic acquisitions. Late last year, Glam said its flagship U.S. women's division had achieved profitability. --Gavin O'Malley
Recent Online Media Daily Articles
-
PayPal Adds POS, Retail Partners For In-Store Payments May 24, 7:05 p.m.
PayPal has announced partnerships with two of the biggest point-of-sale (POS) terminal providers and the expansion of its ... -
Kohl Urges Scrutiny Of Verizon-Cable Alliance May 24, 5:01 p.m.
Verizon's proposed plan to co-market services with four cable companies presents "serious competition concerns," the head ... -
Facebook Still Commands User Loyalty May 24, 4:17 p.m.
Investors may have grown disenchanted with Facebook, but a new survey suggests that users are still ... -
Which Gets Better Buzz: Google Or Facebook? May 24, 3:29 p.m.
Facebook and Google are two of the most talked-about companies in the media. Does the search engine ... -
OTT Apps Cut Into Mobile Video Revs May 24, 2:17 p.m.
What do you get when you give consumers the ability to access the full HTML Internet, ... -
Tablets Expand On Millennial Network May 24, 7:55 a.m.
The iPad may be the dominant tablet brand, but Android-based rivals are registering on radar as ... -
Yahoo Builds Browsers For Mobile, Desktop, Connects Ad Targeting Cross-Platform May 23, 9:08 p.m.
Yahoo on Thursday unveils a browser with search functions dubbed Axis for tablet, smartphone and desktop ... -
Facebook Appeals Pro-User Ruling To Recoup Legal Fees May 23, 6 p.m.
Facebook is pressing its claim to recover $700,000 in legal fees from consumers who unsuccessfully sued ... -
Facebook App Stars Brands In Timeline Movies May 23, 4:32 p.m.
Definition 6, a marketing agency specializing in viral video campaigns, released the Timeline Movie Maker for Facebook Pages, ... -
Mobile Video Message Use On Rise May 23, 4:19 p.m.
While mobile video messages reminding viewers to watch a television show have surfaced as one of ...
Be the first to comment on "Glam Media Raises $50M"
Leave a Comment
You must be a member to comment. Become a Member