Glam Media On A Roll: Raises $50 Million In Private Equity At $750 Million Valuation

February 2nd, 2010


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Glam Media , a straight promotion network, has lifted the fifth turn of try collateral – $50 million from aeris CAPITAL , a Switzerland and Silicon Valley formed in isolation equity fund. The association is not disclosing the gratefulness of the round, but it is rumored to be around $750 million. Glam’s final vital appropriation was a $85 million total debt and equity turn in early 2008, dual years ago, which valued the association at around $500 million. $10 million – $15 million of this latest turn will be used to squeeze batch from existent employees/founders as well as early try investors.

The full story can be found on TechCrunch

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