Digital Trends Obtains $10,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=9f324956-40df-44cf-9ba1-cc9eaa161e7f
Date
10/13/2016
Company Name
Digital Trends
Mailing Address
111 SW 5th Ave. Portland, OR 97204 USA
Company Description
Digital Trends was founded in 2006 with a simple mission: to help readers easily understand how tech affects the way they live. We are your authoritative guide to the world around us. We love, live and breathe tech so that we can explain it to you simply and clearly.
Website
http://www.digitaltrends.com
Transaction Type
Debt
Transaction Amount
$10,000,000
Transaction Round
Undisclosed
Proceeds Purposes
It allows Digital Trends to utilize the entire $10 million immediately to expand its business through advances in digital media in the first half of 2017.
M&A Terms
Venture Investor
JPMorgan Chase Bank