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Mashable closes Series A round with $14M

03/03/2014

Mashable has secured a total of $14 million for its Series A funding round, a statement about the funding said.

This is the first financing round for the news and social media company focused on the Connected Generation since it was established in 2005. Mashable initially closed the Series A round in January with $13.3 million. Updata Partners led the round which was also participated in by New Markets Venture Partners, Social Starts, Buddy Media Co-Founders Michael and Kass Lazerow, Iglo Group CEO Leoni Sceti and One Young World Founder David Jones. The round was finally closed with the investment of Tribune Digital Ventures or TDV, the statement said.

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