BuzzFeed Funding Round

8/10/2014

Venture Equity

$50,000,000

Undisclosed

BuzzFeed, Inc announced today a major expansion plan that will build its brand, scale its business opportunities, grow traffic and revenue faster on the web and mobile and maintain its entrepreneurial culture. BuzzFeed's editorial team will grow and become BuzzFeed News, Buzz, and Life to expand its offerings across the board and to make clear the differences between the three types of content. BuzzFeed's video division will expand and become BuzzFeed Motion Pictures and will, in addition to its existing short form, focus on all moving images from a GIF to feature film and everything in between. All of BuzzFeed's branded offerings for advertisers will be centralized into one group, BuzzFeed Creative, creating a streamlined process across video and publishing for brands. The company will also launch a new distributed division to create content off BuzzFeed to scale BuzzFeed's deep understanding of the social web. BuzzFeed International will continue its rapid growth and expand to India,

Private & Independent

Internet & IoT

111 E. 18th St. 13th Floor
New York, NY 10003
USA

BuzzFeed is the leading social news organization, intensely focused on delivering high-quality original reporting, insight, and viral content across a rapidly expanding array of subject areas.