MediaVast’s Third Round Funding: $15 Million

We mentioned this funding in April..this is the final close amount. MediaVast, an NYC-based online picture agency, has received $15 million in third round of funding. QVT Fund was joined by return backers like Time Warner, Baroda Ventures, as well as several strategic and individual investors, such as SBE Entertainment Group.
The company runs sites such as WireImage.com, FilmMagic.com, and two others.

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