Mashable Secures $17,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7689e6bf-7a67-4013-82e9-13332daaea80
Date
1/29/2015
Company Name
Mashable
Mailing Address
304 Park Avenue South 3rd Floor New York, NY 10010 USA
Company Description
Mashable is a leading source for news, information & resources for the Connected Generation. Mashable reports on the importance of digital innovation and how it empowers and inspires people around the world.
Website
http://www.mashable.com
Transaction Type
Venture Equity
Transaction Amount
$17,000,000
Transaction Round
Series B
Proceeds Purposes
The capital will allow Mashable to add over 100 employees, investing heavily in strategic growth areas such as video production across all formats and Mashable’s proprietary Velocity technology, while also continuing to bolster the breadth and depth of its editorial talent.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor