Glam Media raises $50 million, valued at $750 million
Things seem to be rolling well for Glam Media, the publisher and advertising network which includes tons of blogs, has announced that it raised another $50 million in private equity, with a company valuation at a staggering $750 million.
Glam Media recently revealed that they’ve become profitable in the US and broke even worldwide. They have an estimated 160 million unique monthly visitors on their sites.
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