Technology Publisher Ziff Davis Enterprise Raises $20 Million

Authored by Mark Hefflinger on March 18, 2008 - 6:57am.

New York - Ziff Davis Enterprise, a publisher of enterprise technology content, announced on Tuesday that it has raised $20 million in new financing from Bessemer Venture Partners.

Ziff Davis Enterprise was sold by fledgling Ziff Davis Media -- which declared bankruptcy earlier this month -- to private equity firm Insight Venture Partners last year for $160 million.

New York-based Ziff Davis Enterprise's titles include Baseline, CIO Insight and eWeek.

The company said it will use the funds for acquisitions, and to accelerate growth in emerging markets, such as small to mid-sized technology companies.

 

Related Links:
http://biz.yahoo.com/prnews/080318/nytu078.html?.v=101

http://www.ziffdavisenterprise.com

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