Tech Company Financing Transactions
Mashable Funding Round
On 3/31/2016, Mashable raised $15 million in investment from Turner Broadcasting, Time Warner Investments and Updata Partners.
Transaction Overview
Company Name
Announced On
3/31/2016
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Turner Broadcasting (Lead Investor) (Kevin Reilly)
Time Warner Investments (Rachel Lam)
Proceeds Purpose
As part of the new partnership, the two companies will develop content together for both digital and linear distribution. Plus, Turner will gain access to Mashable's Velocity technology--an analytics tool that Mashable uses to help identify which content is likely to resonate in social media.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
304 Park Avenue South 3rd Floor
New York, NY 10010
USA
New York, NY 10010
USA
Phone
Website
Email Address
Not Recorded
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pete Cashmore
Chief Marketing Officer
Stacy Martinet
Chief Operating Officer
Michael Kriak
Chief Technical Officer
Robyn Peterson
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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