Glam Media Obtains $50,000,000 New Round

  • Feed Type
  • Date
    2/3/2010
  • Company Name
    Glam Media
  • Mailing Address
    8000 Marina Blvd. Brisbane, CA 94005
  • Company Description
    Glam.com is a unique entertainment website 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. This unprecedented collaboration between the best minds in the business has transformed the way women will shop online. Gone are the days of ripping out pages of gotta-gets, making lists of must-haves, dealing with packed stores, or spending frustrating hours looking for finds online.
  • Website
    http://www.glammedia.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds of the funds will be used to build a Digital Media Technology Center, expand internationally and for strategic acquisitions.
  • M&A Terms
  • Venture Investor
    Aeris Capital AG
  • Venture Investor
    Burda Digital Ventures
  • Venture Investor
    Undisclosed