Tastemade Inc., a Los Angeles, CA-based digital media company focused on food, travel and lifestyle programming for the connected generation, closed $40m Series D funding round.
The round was led by Goldman Sachs’ Merchant Banking Division, with participation from existing investors Redpoint Ventures, Raine Ventures, Comcast Ventures, Liberty Media, Scripps Networks Interactive, and Tohokushinsha Film Corporation. In conjunction with the funding, Mark Midle of Goldman Sachs’ Merchant Banking Division, has joined Tastemade’s board of directors.
The company intends to use the funds to accelerate growth.
Led by Larry Fitzgibbon, co-founder, Tastemade creates shows in the food, travel and lifestyle categories reaching today over 100 million monthly active viewers, and over 1 billion views monthly.
In the last year, the company has expanded into global platforms like Apple TV, Snapchat, and Facebook.
FinSMEs
17/12/2015