New York - Broadband entertainment site Heavy.com announced on Monday that it has raised $20 million in a new round of financing, from Polaris Venture Partners.

Polaris also provided $10 million to New York-based Heavy.com in early 2006. Heavy.com offers both original and user-generated content geared towards 18-34 year old males. The site's traffic more than doubled in 2006, while revenue increased 350% for the year.

The new financing will be used to expand Heavy's network internationally and to create new brands that capitalize on the company's content, advertising relationships and technical infrastructure.

Related Links:
http://www.heavy.com