Pulse2 Technology and Social Media News » Hubert Burda Media http://pulse2.com Sat, 26 May 2012 21:27:32 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Glam Media Raises $10 Million; Total Funding Now At $124 Million http://pulse2.com/2009/04/07/glam-media-raises-10-million-total-funding-now-at-124-million/ http://pulse2.com/2009/04/07/glam-media-raises-10-million-total-funding-now-at-124-million/#comments Tue, 07 Apr 2009 07:06:05 +0000 Amit Chowdhry http://pulse2.com/?p=13645 Continue reading →]]> glam-media
Glam Media has raised another $10 million in funding as announced today. The funding came from overseas. Mizuho Venture Capital (Japan) and Hubert Burda Media (Germany) led the investment. Thus far, Glam has raised a total of $124 million.

In addition to the funding, Glam has also formed a joint venture to create Glam Media Japan KK. Through the joint venture, ad agencies Dentsu and ADK invested in Glam’s Japan unit. Magazine publishers Shogagukan and Syueisya also invested in Glam Japan.

Glam receives about 3 million unique visitors of local women per month in Germany.

[via CenterNetworks]

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