meltygroup, a Paris, France-based media company dedicated to youth culture, raised €10.5m in funding.
Backers included Jaina Capital, Serena Capital, Bouygues Telecom Initiatives, as well as Patricia Barbizet.
The company intends to use the funds to continue to expand production of new content via sites, applications, and live streaming via social networks.
Founded in 2008 by Alexandre Malsch and Jérémy Nicolas, meltygroup operates online entertainment media platforms focused on content for youth including series, cinema, TV, music, fashion, trends, travel and eSports). The company’s platform has more than 36m visits monthly via melty.fr, meltyFashion, meltyStyle, meltyBuzz, meltyFood, meltyCampus, meltyXtrem, meltyDiscovery, june.fr, mcm.fr, virginradio.fr, neonmag.fr, fan2.fr.
meltygroup is already present with thematic sites in Germany, Italy, Brazil, Spain, Mexico, Poland, Czech Republic, and available in English with melty.com and Arabic with melty.arabic.com.