Zealot Networks, a Los Angeles-based digital-first media company and growth accelerator, closed a strategic investment from ITV, the integrated producer broadcaster that operates the largest commercial family of channels in the U.K.
Under the terms of the deal, ITV will join the board of directors. The new round put Zealot over the $100m valuation mark within 6 months of initial funding (read here). The investment will support the building out of its digital studio capability and continued incremental strategic M&A activity.
Co-founded by President and CEO Danny Zappin; CFO Bob Vanech; CSO Conn Fishburn and CMO Chad Seymour. Zealot is a digital-first media company and growth accelerator that provides creative entrepreneurs with a multi-platform revenue, distribution and growth opportunities.
To date, the company has raised more than $30m.