Mevio Receives $10,000,000 New Financing Round

  • Feed Type
  • Date
    3/7/2012
  • Company Name
    Mevio
  • Mailing Address
    577 2nd Street San Francisco, CA 94107
  • Company Description
    MEVIO hosts networks of personality-driven episodic entertainment to best engage our customers-comprised of viewers, producers, advertisers and partners. MEVIO is one of the fastest growing entertainment sites on the web.
  • Website
    http://www.mevio.com
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The ORIX financing, which is composed of a $7 million term loan and $3 million revolving credit line, will enable Mevio, who is ranked in comScore’s top fifteen multimedia companies, to expand its production capabilities, grow their proprietary technology, and increase sales and marketing.
  • M&A Terms
  • Venture Investor
    Orix Venture Finance