Buzznet Gets Investment From Interscope-Universal Music; Buys Stereogum; Acquisitions Coming?

Pop culture-focused social media site Buzznet, based in Los Angeles, has raised a big-ish third round of funding, as much as $25 million, we have learned, and that Universal Music-owned Interscope has invested a few million in it. We haven’t been able to confirm the other investors, but last year the company raised about $6 million led by Redpoint Ventures and Anthem Venture Partners. The previous investors might have put some of the new money as well.

The site

loading

Comments have been disabled for this post