(Business Insider) – NBCUniversal is reportedly investing $250 million in BuzzFeed at a $1.5 billion valuation, according to Re/code’s Kara Swisher and Peter Kafka.
BuzzFeed declined to comment on the report.
Most recently, BuzzFeed raised a $50 million Series E round last summer, led by Andreessen Horowitz’s Chris Dixon. The Series E capital infusion valued BuzzFeed at $850 million at the time.
BuzzFeed made more than $100 million in revenue in 2014.