Just a week after NBC lays off some employees at iVillage, competitor Glam Media announces a massive - and I mean massive - $84.6M funding round, of which $20M is debt financing.
What’s interesting here is that Hubert Burda Media - an international media powerhouse and publisher of more than 260 magazines titles and an investor in more than 25 high-growth digital holdings - led the equity-financing round. continue reading...
