Minute Media, a NYC-based global publishing platform, raised $17m in Series F funding.
The round, which brings total funding to $77m to-date, included new investors Goldman Sachs and Vintage Investment Partners, as well as existing investors Battery Ventures, Dawn Capital and Qumra Capital.
The company intends to use the funds to scale into new markets and content verticals.
Led by Asaf Peled, Founder and CEO, Minute Media has created a digital publishing platform that empowers fans to create, publish and distribute thousands of pieces of content each day around the world. The company’s proprietary technology and digital product platform drives content and media solutions for its own properties (90min, a global football publisher, DBLTAP, the esports brand focused on stories beyond the stage and 12up, the US sports brand living at the intersection of sports and pop culture) in addition to the licensing of the full stack to other publishers and digital brands, allowing them to create and distribute innovative content at scale.
Partners include dozens of third party publishers and brands including Sports Illustrated, USA Today Sports Media Group, MSN, ProSieben and Horizon Media.
Minute Media currently employs 180 people in markets including New York, Los Angeles, London, Tel Aviv, Singapore, Tokyo, Manila and Sao Paolo.