Healthline Media Receives $95,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=df243b0f-8ea7-4bcd-90e5-03a5aa41b74d
Date
1/11/2016
Company Name
Healthline Media
Mailing Address
660 Third Street San Francisco, CA 94107 USA
Company Description
Healthline Media, Inc. provides the easiest way for consumers to find, understand and manage healthcare information, empowering them to make more informed decisions that lead to better health.
Website
http://www.healthline.com
Transaction Type
Venture Equity
Transaction Amount
$95,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The funding from Summit Partners will enable us to make significant investments in the content development and social media programs that have fueled our recent growth and to broaden our offering to include new media types, platforms and adjacent categories.
M&A Terms
Venture Investor
Summit Partners