BlogLovin Raises $7 Milion in Series A Funding Round

Proving thatlogo-bloglovin[1] there is more to news readers than Feedly, niche blog reader service Bloglovin announced that they had raised a $7 million in funding.

Bloglovin was initially started as an RSS feed reader, but it has since grown to include more features for browsing and sharing popular content as well as new ways for bloggers to interact with readers. The service was founded in 2007 in Sweden, but the company shifted its offices to NYC last year. It now serves more than 16 million monthly website visitors, a sizable increase from the 10 million a month reported in November 2013.

According to Bloglovin CEO Joy Marcus, "The investment will be used primarily to recruit engineering talent." She continued "Our focus remains on enhancing the user experience, particularly around discovery and curation, as well as growing our key women’s lifestyle verticals, including fashion, DIY, beauty, and food."

This round of funding was lead by European investor Northzone, with participation from Lerer Ventures, White Star Capital, Bassett Investment Group, and Betaworks, owners of Digg and Instapaper.

TechCrunch

 

About Nate Hoffelder (11579 Articles)
Nate Hoffelder is the founder and editor of The Digital Reader:"I've been into reading ebooks since forever, but I only got my first ereader in July 2007. Everything quickly spiraled out of control from there. Before I started this blog in January 2010 I covered ebooks, ebook readers, and digital publishing for about 2 years as a part of MobileRead Forums. It's a great community, and being a member is a joy. But I thought I could make something out of how I covered the news for MobileRead, so I started this blog."

1 Comment on BlogLovin Raises $7 Milion in Series A Funding Round

  1. Thanks for covering the story about us! We are very excited about this! Just want to point out that Joy is a woman. Cheers!

1 Trackbacks & Pingbacks

  1. 7 things we love to bring in 2015 «American Eagle Outfitters Blog

Leave a comment

Your email address will not be published.


*