: :inin Kyiv (EET)

Mashable gets $17 mn funding led by Time Warner

NEW YORK (AFP) – Mashable, a news website focused on technology and entertainment, said Thursday it raised $17 million in capital led by Time Warner Investments, to help fuel expansion plans.The move will allow Mashable to add some 100 employees and is the latest in a series of investments in the growing digital media sector.The funding will be used for investing heavily in strategic growth areas such as video production across all formats and to bolster the breadth and depth of its editorial talent.New York-based Mashable, founded in 2005, claims some 40 million unique visitors and 20 million social media …read more

Source: Dunya TV

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