New York City based theMaven is raising $25,000,000.00 in New Equity Investment.
New York City, NY – According to filings with the U.S. Securities and Exchange Commission, theMaven is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, Doug Smith played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About theMaven
Maven is a best-in-class technology platform empowering premium publishers who impact, inform, educate and entertain. We operate the media businesses for Sports Illustrated and TheStreet, and power over 140 brands including History, Maxim, and Biography. Maven is publicly traded under the ticker symbol MVEN. Our mission: Maven empowers publishers, journalists, and storytellers by giving them the ability to unlock value, by giving brands control of their data and destiny. Our vision: To be the best-in-class technology platform powering and accelerating premium publishers who impact, inform, educate, and entertain.
To learn more about theMaven, visit http://www.themaven.net/
Contact:
Doug Smith, Chief Financial Officer
775-600-2765
doug@themaven.net
https://www.linkedin.com/in/dougsmithnorwalkct/
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