Vox Media Receives $200M Equity Investment from NBCUniversal

voxmediaVox Media, a Washington, DC-based digital media company, received a $200m equity investment.

NBCUniversal made the investment.

Commenting on the investment, Steve Burke, CEO, NBCUniversal, said: “We are excited to be making this investment and building a collaborative partnership involving editorial content, advertising and technology“.

Led by Jim Bankoff, CEO and Chairman, Vox Media operates eight distinct media brands: SB Nation (Sports), Polygon (Gaming), The Verge (Technology and Culture), Vox.com (News), Eater (Dining and Nightlife), Racked (Shopping, Beauty and Fashion), Curbed (Real Estate, Design and Home), and Re/code (Technology and Business).

Investors in the company also include Accel Partners, Comcast Ventures, Khosla Ventures, and General Atlantic.

FinSMEs

13/08/2015

 

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