BuzzFeed raises $50 million

  • BuzzFeed has raised another $50 million for expansion. This amount from Andreessen Horowitz, a venture capital firm, is much bigger than the earlier rounds of funding.

    Chris Dixon, a partner of Andreessen Horowitz, wrote in a blog post that BuzzFeed was expected to emerge as a “preeminent media company”.

    A few months ago talks between BuzzFeed and the Walt Disney Company for buying the former failed to reach any conclusion.


    Tagged as: BuzzFeed, expansion, Andreessen Horowitz, venture capital, funding, business news