Vice Media Secures $250,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=15574513-83db-4b2f-a713-dc0e9acb3db8
Date
9/4/2014
Company Name
Vice Media
Mailing Address
97 North 10th Street Brooklyn, NY 11211 USA
Company Description
VICE was launched in 1994 as a ‘punk zine’ and has since expanded into a leading global youth media company with bureaus in over 30 countries.
Website
http://www.vice.com
Transaction Type
Venture Equity
Transaction Amount
$250,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The TCV partnership and investment, which was first reported by Re/code, will be devoted to creating proprietary technologies for distributing media across the web, mobile and social.
M&A Terms
Venture Investor