Posted inBusiness

Report: NBC is Investing $250 Million in BuzzFeed

(Business Insider) โ€“ NBCUniversal is reportedly investing $250 million in BuzzFeed at a $1.5 billion valuation, according to Re/codeโ€™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 Horowitzโ€™s Chris Dixon. The Series E capital infusion valued BuzzFeed at $850 million at the time. […]

Sign up for newsletters

Get the best of The Washington Informer directly in your email inbox.

Sending to:

Gift this article