Hubert Burda Media

Burda Digital Buys 25% Stake in Business Social Network Xing

Authored by Mark Hefflinger on November 18, 2009 - 10:58am.

Hamburg, Germany - European media group Hubert Burda Media's Burda Digital unit on Wednesday announced that it has acquired a 25% stake in business-focused online social network Xing.

Women's Web Network Glam Media Raises $10 Million

Authored by Mark Hefflinger on April 6, 2009 - 8:20am.

Tokyo - Glam Media, a network of women-focused websites that counts over 1,000 publishers, announced on Monday that it has raised $10 million in a fifth round of venture capital financing, led by Mizuho Venture Capital.

Glam Lands $85M for Distributed Women's Media Network

Authored by Mark Hefflinger on February 25, 2008 - 9:15am.

New York - Glam Media, a distributed media network of over 450 lifestyle sites targeted at women, announced on Monday that it has raised $85 million in strategic financing, including $65 million in a fourth round of venture capital and $20 million in revenue-based debt financing. International publisher Hubert Burda Media led the investment round; other participants included GLG Partners, Duff Ackerman & Goodrich Ventures, Accel Partners, Draper Fisher Jurvetson, Walden Ventures and Information Capital.