HitFix.com Closes $2M Funding

HitFix, a Los Angeles, CA-based provider of entertainment news, has closed an oversubscribed $2m funding.

The round was led by angel investors from Golden Seeds and Tech Coast Angels.

HitFix.com intends to use the capital to accelerate growth in the areas of original video, mobile, social media and personalization features, and consolidate in entertainment news.

Founded by Jennifer Sargent, CEO, and Gregory Ellwood, Editor-In-Chief, HitFix.com provides 18-34 year old readers with news, interviews and commentary on all aspects of entertainment including movies, music, TV and local events.
The company also offers a localized event calendar that let readers personalize and plan thier entertainment life, with instant alerts and mobile apps.

Yuri Pikover, investor from Tech Coast Angels, is a board member of HitFix.com.



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