Tech Company Financing Transactions
Next Issue Media Funding Round
On 12/4/2014, Next Issue Media raised $50 million in financing from KKR, Condé Nast and Hearst Ventures.
Transaction Overview
Company Name
Announced On
12/4/2014
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
KKR (Lead Investor) (Richard Sarnoff)
Proceeds Purpose
The investment will support further development of Next Issue's innovative digital magazine platform and will help deliver Next Issue's exclusive all-you-can-eat content to a broader audience.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
1 Apple Park Way
Cupertino, CA 95014
USA
Cupertino, CA 95014
USA
Phone
Undisclosed
Website
Email Address
Overview
Next Issue Media is a joint venture of six leading publishers -- Condé Nast, Hearst Magazines, Meredith, News Corp., Rogers Communications and Time Inc. The company was formed to bring the world's most popular magazines to life on the digital device of your choice.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
John Loughlin
Chief Marketing Officer
Jim Bobowski
Chief Technical Officer
Keith Barraclough
VP - Engineering
Richard Quach
VP - Finance
Doug Massey
VP - Product Management
Leonard Tancuan
Browse more venture capital transactions:
Prev: 12/4/2014: ChangeTip venture capital transaction
Next: 12/4/2014: Re2you venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to document tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs