Wanderful Media Raises $9M in Funding

Wanderful Media, a Los Gatos, California-based online local discovery shopping company, raised $9m in funding.

Backers included Advance Digital, A. H. Belo Corporation, Community Newspaper Holdings Inc., Cox Media Group, The E. W. Scripps Company, Gannett Co. Inc., GateHouse Media Inc., Hearst Corporation, Lee Enterprises, MediaNews Group, The McClatchy Company, and The Washington Post Co.

They invested a total of $36m in the company.

Led by Ben T. Smith, IV, CEO, Wanderful Media, Wanderful Media operates Find&Save, an online community offering a comprehensive collection of savings to engage shoppers around local sales and products.



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