Every Startup Has A Story...

The StartUp Beat Daily Email
Enter your email address:


ABOUT STARTUP BEAT
©2007-2012 StartUp Beat/BRK Media, LLC
Powered by Movable Type

Reports: Demand Media Raises $100 Million

9/26/07 – Various sources are reporting that Demand Media, the Santa Monica-based social media and domain holding company, has raised a whopping $100 million in series C funding led by Goldman Sachs.

This funding round brings Demand Media’s total funding to around $320 million.  Demand Media was founded in May 2006 by former MySpace.com chairman Richard Rosenblatt.  Demand and its fully-owned subsidiary eNom recently released its ME.tv domain and online video product.

The company also owns a number of web content properties, including Answerbag.com and eHow.

Demand Media – www.demandmedia.com

 

Posted by startupbeat on September 26, 2007 09:03 AM |

TrackBack

TrackBack URL for this entry:
http://startupbeat.com/blog-mt1/mt-tb.fcgi/451


Hosting by Yahoo!

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)