Bestofmedia Group Receives $35,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0f94ff9b-eab8-46ed-ae31-fcb71ad91cc0&Preview=1
Date
7/16/2008
Company Name
Bestofmedia Group
Mailing Address
10559 Jefferson Blvd Culver City, CA 90232
Company Description
Bestofmedia Group is one of the top-three online media publishing companies for technology in the world with over 25 million readers a month and operations in 12 countries. Our sites include Tom’s Hardware, Tom’s Guide, Tom’s Games and other leading web publications.
Website
http://www.bestofmedia.com
Transaction Type
Venture Equity
Transaction Amount
$35,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Bestofmedia Group will use the investment to accelerate growth, build on its position as the leading independent online media site, and expand its technology-focused offerings.
M&A Terms
Venture Investor
Index Ventures