Mode Media Obtains $30,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ff57e9b5-9de1-4e79-898a-b588ba91f6a1
Date
5/26/2015
Company Name
Mode Media
Mailing Address
2000 Sierra Point Parkway 10th Floor Brisbane, CA 94005 USA
Company Description
Mode Media is a unique entertainment website company covering the worlds of fashion, beauty, and celebrity style, while providing women a shopping experience available nowhere else. The team that designed and built Glam.com was handpicked from the best of the technology, fashion, design, and publishing industries.
Website
http://www.glammedia.com
Transaction Type
Venture Equity
Transaction Amount
$30,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Arora said the round will help Mode pay off some debt and continue investing in its technology platform.
M&A Terms
Venture Investor
Venture Investor