Zimbio Inc., a Redwood City, CA-based media publisher, has raised $8.9m in Series B funding.
The round, which is a combination of equity and debt financing, was led by Menlo Ventures, with participation by Great Oaks Venture Capital, Fenwick & West Investments, Draper Associates and Comerica Bank.
The company intends to use the capital to scale its product and editorial staff, build a media sales team, and fund upcoming product launches.
Launched in 2006 and led by CEO Tony Mamone, Zimbio is the parent company of the entertainment website Zimbio.com and the fashion and beauty website StyleBistro.com, which reach an audience of more than 30 million global monthly readers across fashion, beauty, celebrity and entertainment.
The company also has offices in San Carlos, Calif. and New York City.
FinSMEs
02/05/2012