Tech Company Financing Transactions

MiTu Funding Round

MiTu closed a $27 million investment round on 1/14/2016. Backers included AwesomenessTV, Upfront Ventures and Verizon Ventures.

Transaction Overview

Company Name
Announced On
1/14/2016
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Undisclosed
Investors

AwesomenessTV (Brian Robbins)

Upfront Ventures

Verizon Ventures (Ed Ruth)

WPP Ventures (Scott Spirit)

Proceeds Purpose
mitu also plans to significantly ramp-up its investment in product and technology to expand its content publishing platform and audience data tools, launch its influencer-marketing platform (mituberos.com) as well as expand its ecosystem of apps.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
2105 Colorado Ave. 100
Santa Monica, CA 90404
USA
Email Address
Not Recorded
Overview
Mitu is the voice of young Latinos in the US and worldwide. As the leading tech-media brand fueled by the largest community of Latino content creators and social media influencers, mitú is focused on creating fresh and culturally-relevant content for the next-generation Latino.
Profile
MiTu LinkedIn Company Profile
Social Media
MiTu Company Twitter Account
Company News
MiTu News
Facebook
MiTu on Facebook
YouTube
MiTu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Roy Burstin
  Roy Burstin LinkedIn Profile  Roy Burstin Twitter Account  Roy Burstin News  Roy Burstin on Facebook
Chief Financial Officer
Jennifer Loo
  Jennifer Loo LinkedIn Profile  Jennifer Loo Twitter Account  Jennifer Loo News  Jennifer Loo on Facebook
Chief Technical Officer
Alex Mostoufi
  Alex Mostoufi LinkedIn Profile  Alex Mostoufi Twitter Account  Alex Mostoufi News  Alex Mostoufi on Facebook
President
Beatriz Acevedo
  Beatriz Acevedo LinkedIn Profile  Beatriz Acevedo Twitter Account  Beatriz Acevedo News  Beatriz Acevedo on Facebook
VP - Product Management
Mike Su
  Mike Su LinkedIn Profile  Mike Su Twitter Account  Mike Su News  Mike Su on Facebook
VP - Sales
Charlie Echeverry
  Charlie Echeverry LinkedIn Profile  Charlie Echeverry Twitter Account  Charlie Echeverry News  Charlie Echeverry on Facebook
VP - Sales
Cesar Martinez
  Cesar Martinez LinkedIn Profile  Cesar Martinez Twitter Account  Cesar Martinez News  Cesar Martinez on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/14/2016: Anaplan venture capital transaction
Next: 1/14/2016: ResiModel venture capital transaction

 

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