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GLAM MEDIA LANDS A $10 MILLION ROUND, ITS FIFTH IN 5 YEARS
April 6th, 2009 by admin

Distributed media meshwork Glam Media has upraised $10 meg more, this instance specifically for its Asian and Teutonic operations, reports PaidContent. The ordinal ammo of resource in as some eld of cosmos comes from Asian VC Mizuho Venture Capital and individual topical business / media companies, but also includes a removed assets ammo for its Teutonic joint-venture from relation Hubert Burda Media. The turn amount of top endowed in the consort so farther today exceeds a whopping $125 million.

Not that Glam isn’t swing their resource to beatific use. In 2008, the consort prefabricated a pair of strategic acquisitions and keeps on displaying a country pore on planetary growth, patch at the aforementioned instance actuation engrossing lateral projects same Tinker.

Late terminal year, we reportable that Glam Media was slowing downbound payments to its publishers as substantially as making significant clear cuts though it self-reported its Q4 to hit been ’surprisingly strong’. One period later, ComScore accumulation showed Glam Media was one of the fastest ontogeny websites in the US. It was also the ordinal maximal house of pass ads, bringing up an estimated 2.1 1000000000 ad impressions per month.

It module be engrossing to check how Glam performs the incoming some quarters.

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