SB Nation Raises $10.5 Million
SB Nation is a sports and news blog company that is based in Washington D.C. The company has raised a $10.5 million Series C round led by Khosla Ventures. SB Nation previously raised $13 million in funding from Accel Partners, Allen & Company, Comcast Interactive Capital, and several angel investors.
In this round of funding Comcast and Accel will also be participating. This round of funding will put SB Nation’s post-investment valuation at over $30 million.
SB Nation now has about 21 regional sports websites in their network. This round of funding will go towards investments in the company’s technology platform, paying bloggers, integrating mobile content, and advertising sales.@amitchowdhry or on Google+ at +AmitChowdhry