Accel Partners and Austin Ventures Invest $12.8 Million In Marc Ecko’s Complex Media
Marc Ecko Enterprises is struggling with debt, but their digital and print publication Complex Media has been attracting some investments. Complex Media raised $12.8 million in funding according to an SEC filing. The $12.8 million in funding was provided by Austin Ventures and Accel Partners. This is Complex’s first round of funding.
Complex Media is led by CEO Rich Antoniello and general manager Brian Kelley. Complex Media has a network of about 26 websites including OliviaMunn.com, PlanetXbox360.com, and Loud.com.
Complex Media isn’t the only Marc Ecko company that received a major investment. Marc Ecko Enterprises sold a majority stake for $108 million to Iconix Brand Group. Marc Ecko Enterprises includes several clothing lines, a video game division, and an online video network.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry