Hubert Burda Media

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.