BlogHer Raises $7 Million In Additional Funding
BlogHer is a community for women who blog. Last July BlogHer raised $5 million in funding as part of a Series B round. Now the company has raised an additional $7 million round of funding as part of their Series C. This brings the company to a total investment of $15.5 million.
The participants of the new round of funding includes previous investors Venrock Capital and Peacock Equity. BlogHer gained attention for hosting First Lady Michelle Obama’s blog. BlogHer has about 2,500 bloggers in their network. There are about 30 direct employees of the company. BlogHer was started in 2005 by Lisa Stone, Elisa Camahort Page and Jory Des Jardins. Stone currently serves as the CEO.
[via AllThingsD]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry