Investment Round is our weekly update on which firms have secured new funding, which areas are seeing the most financing, and who is putting up the cash that enables these companies to keep pushing the capabilities of mobile marketing further.
Podcasting Giants Gimlet Media Scores $15m in Funding
Brooklyn-based podcasting network Gimlet Media has announced a new $15m (£11.5m) round of funding led by Stripes Group. The firm, which has produced shows including StartUp and Reply All, is now estimated to be worth around $70m now, and predicted to bring in revenues of around $15m this year.
The Series B round also included existing investors Cross Culture Ventures and Betaworks, as well as newcomer Emerson Collective. The new funding will go towards program development for the network, as well as an expansion of the company’s staff, which currently sits
Article source: http://mobilemarketingmagazine.com/investment-round-gimlet-media-huddle-oryx-vision-and-hustle
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