Minute Media, a global technology and digital publishing platform, has announced it has raised USD 40 million in venture capital, bringing its total funding to USD 160 million, the company said.
This latest round of funding was led by Dawn Capital, with participation from existing investors. The new funds will be used to support global expansion and enhancements to its tech publishing platform, further invest in the recently acquired The Players´ Tribune athlete-focused content and prepare for future acquisitions.
Minute Media is a media and technology brand focused on two main pillars–platform and content. Minute Media´s platform serves as the company´s foundation, powering its content as well as enabling the evolution of other market-leading digital media brands. To date, Minute Media´s owned and operated destinations include The Players´ Tribune, 90min, 12up, DBLTAP, Mental Floss, The Big Lead and FanSided.
Dawn is Europe´s largest specialist B2B software investor, with assets under management of USD 550m. The firm partners with innovative companies that, through exceptional teams, products and business models can become category-defining, global titans.