Om Malik’s Empire Raises $4.5 Million In Funding
A big congratulations is in order for Om Malik and his team of bloggers. It’s been about 27 months since Malik went full-time on Giga Omni Media and the company has already acquired several other blogs, raised a previous round of funding, and is being syndicated by media companies such as CNN and The New York Times.
The lead investor in the $4.5 million round of funding is Alloy Ventures. True Ventures also participated in this round of funding. Angel investors in Giga Omni Media include Rakesh Mathur, Venky Harinarayan, and Anand Rajaraman. Ammar Hanafi of Alloy Ventures will be joining the Giga Omni Media board as part of the funding deal. Ammar is the former head of corporate business development at Cisco.
Within the last year, GigaOm acquired jkOntheRun and TheAppleBlog.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry