Bustle is raising roughly $30 million to go on a shopping spree
Summary
Bustle , the everything blog for millennial women, is hustling to close on around $30 million in new funding as it goes on the prowl for new acquisitions.It’s a significant cash infusion for a company that has created a mini, millennial-focused media empire that reaches nearly 80 million unique monthly visitors across its sites.The company, which acquired Elite Daily last year, was also reportedly in the mix for Rolling Stone and Mashable when those titles were getting shopped around.Its Elite Daily acquisition seems to point the way forward for the company.Since Bustle first came on the scene, a number of new sites have launched to cover different industries from a women’s perspective.
Funding
Amount
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Total raised
Date
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Announcement date
Investors
Ozie Group LLC, Adweek, Bustle, PandoDaily
Lead investors
Company
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Funded company
Classifications
industries
HealthTech
applications
Web and Content Management
AskAI Classifications
Labels
HR Software
Performance Management Software
SaaS
Linked Companies
Pando HR Inc.
$1M to $5M