• About & Contact Us
  • SEO Community

Ulancer.com

    • Latest Stories

      What is new?

    • Meet the startups that pitched at EF’s 10th Demo Day in London

      September 27, 2018

    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A

      September 27, 2018

  • News
  • How to’s
  • Writing
  • Startups
  • Jobs
  • More
    • CMS Tools
    • APPS
    • Web Resources
      • Advertising
      • Firefox
      • Scripts
      • Tools

Bustle is raising roughly $30 million to go on a shopping spree

  • by Ulancer Contributor
  • In News
  • — 2 Feb, 2018


Bustle, the everything blog for millennial women, is hustling to close on around $30 million in new funding as it goes on the prowl for new acquisitions.

It’s a significant cash infusion for a company that has created a mini, millennial-focused media empire that reaches nearly 80 million unique monthly visitors across its sites.

The company, which acquired Elite Daily last year, was also reportedly in the mix for Rolling Stone and Mashable when those titles were getting shopped around.

Bustle has come a long way since founder Bryan Goldberg (a co-founder of Bleacher Report) announced its launch in 2013. After an early stumble out of the gate following a less-than-glowing New Yorker profile, the company found its stride and kept its audience — all while expanding its reach with the launch of new sites like the millennial-mom focused Romper.

Its Elite Daily acquisition seems to point the way forward for the company. Since Bustle first came on the scene, a number of new sites have launched to cover different industries from a women’s perspective.

Whether it’s The Relish’s take on sports, or Blue Fever’s new entertainment platform, new media is embracing a certain demographic of women consumers.

With the $30 million in fresh cash Bustle will be well-positioned to roll up some of these new sites. The company has already raised nearly $50 million from investors including GGV, General Catalyst, Saban Capital Group and Social Capital, according to Crunchbase.


News source

You might also like...

  • Airbnb brings on American Express CEO to board of directors 25 Jan, 2018
  • Amazon adds single sign-on for Fire TV 26 Jan, 2018
  • Airbnb CFO Laurence Tosi is out 1 Feb, 2018
  • UK plans $80M in tech initiatives, double tech visas to 2,000 to shore up support amid Brexit anxiety 14 Nov, 2017
  • Previous story TiVo will let users auto-skip the football to watch just the Super Bowl commercials
  • Next story Original Content podcast: ‘Altered Carbon’ is a murder mystery in a body-swapping future
  • RSS
    Receive Freebies & Latest Posts Directly To Your Email - it's Free!

    • Recent Posts
    • Most Popular
    • Comments
    • 7hrCggmJ-AMMeet the startups that pitched at EF’s 10th Demo Day in LondonSeptember 27, 2018
    • oNo38LV2tQIRally Rd., the app that lets you invest in classic cars, raises $7M Series ASeptember 27, 2018
    • Nearby.gifBerkanan is a Bluetooth-powered group messaging appSeptember 27, 2018
    • 2122.pngVinay Gupta to talk about Mattereum at Disrupt BerlinSeptember 27, 2018
    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
    • wptheme2A Collection of Free WordPress ThemesJuly 11, 2010
    • Bharat Sarkari Naukri on:Spotify acquires online music studio Soundtrap as it goes after creators
    • PMP on:Online learning platform Unacademy gets $21M Series C from Sequoia India, SAIF and Nexus
    • Predictive Eye on:Element.AI opens London outpost with focus on ‘AI for good’
    • SmartCursors on:4 Tips for Keeping Your Freelance Finances In Order
  • Staff Picks

    • slider_wp_03Best collection of WordPress Slider PluginsJuly 5, 2010
    • Joomla template builderTop 8 Free Joomla Template GeneratorsJuly 19, 2011
    • 40+ Best WordPress Plugins for Comments40+ Best WordPress Plugins for CommentsJune 18, 2011
  • Recent Posts

    • Meet the startups that pitched at EF’s 10th Demo Day in London
    • Rally Rd., the app that lets you invest in classic cars, raises $7M Series A
  • Search Our Blog

  • Ulancer is an insightful freelance blog and resource site. We provide intuitive articles that cover Photoshop tutorials, time-saving management tips covering a broad range of topics. We also have an active freelance community forum, there you can meet other freelancers that share your common interest, socialize and chat about freelance trending news as the occurred.

© Copyright 2013 Ulancer.