Contagious Media, LLC announced that it has received $19.37 million in funding from New Enterprise Associates, Hearst Interactive Media, RRE Ventures LLC, SoftBank Capital, Lerer Ventures, and other investors.
January 03, 2013 at 09:30 am IST
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Contagious Media, LLC announced that it will receive $19,370,024 in equity funding on December 19, 2012. The company will issue the securities pursuant to Regulation D.
On January 3, 2013, Contagious Media, LLC closed the transaction. The company has received the proceeds in its fourth round of funding from 8 accredited investors. The round was led by existing investor New Enterprise Associates and included participation from other existing investors Hearst Interactive Media, RRE Ventures LLC, SoftBank Capital and Lerer Ventures. As part of the transaction, founders of Buddy Media, Michael and Kass Lazerow, also participated. The company has raised $46,000,000 till date and raised this round of funding with a post money valuation of $200,000,000.
BuzzFeed, Inc. is a digital media company for the diverse, online, and socially connected generations across entertainment, news, food, pop culture and commerce. Its brands drive conversation and inspire what audiences watch, read and buy. Its brands include BuzzFeed, HuffPost, Tasty, and First We Feast (including Hot Ones). Its flagship BuzzFeed brand has become a go-to authority for curating entertainment, pop culture and the Internet. With articles, lists, quizzes, videos, and original series. HuffPost is a global media platform for news, politics, opinion, entertainment, features, and lifestyle content. Tasty is engaged in food community on the Internet, pioneering the overhead video format that is across food brands, and is a platform for food creators. It provides its advertising customers with a range of offerings, including display, programmatic and video advertising inventory to target users on its owned and operated sites, applications and third-party platforms.
Contagious Media, LLC announced that it has received $19.37 million in funding from New Enterprise Associates, Hearst Interactive Media, RRE Ventures LLC, SoftBank Capital, Lerer Ventures, and other investors.
BUZZFEED, INC. 
