Sugar Inc. Obtains $15,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=8ba0025e-42d7-47bf-8576-29f13fd3fd1b&Preview=1
Date
4/13/2011
Company Name
Sugar Inc.
Mailing Address
111 Sutter Street San Francisco, CA 94104
Company Description
Sugar Publishing, Inc., the privately-owned media company, is focused on creating the richest, most relevant online community for trendsetting, passionate and smart women.
Website
http://www.sugarinc.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Sugar intends to use the funds for brand extensions, acquisitions, and international growth in pursuit of its goal of becoming the world’s largest media company focusing exclusively on women’s lifestyle.
M&A Terms
Venture Investor
Institutional Venture Partners
Venture Investor
Sequoia Capital