HealthGuru Media Receives $6,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=af726857-5ad7-46a1-ba29-e87b61bf590a&Preview=1
Date
6/29/2011
Company Name
HealthGuru Media
Mailing Address
494 Broadway 4th Floor New York, NY 10012
Company Description
HealthGuru.com is the web’s leading destination site for health information among 18 to 40 year olds. HealthGuru.com covers the health topics that matter to our demographic: sexual health, STDs, pregnancy, sports health, drugs & alcohol, and mental health, among others.
Website
http://www.healthguru.com
Transaction Type
Venture Equity
Transaction Amount
$6,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The investment in Health Guru will help the company to build on its already dominant position in the health video sector and to satisfy high demand for its new video syndication platform, which will be out of beta next month.
M&A Terms
Venture Investor
Western Technology Investment
Venture Investor
Castile Ventures
Venture Investor
Village Ventures