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.
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