NEWS1 July 2016

Woven Digital gets WPP investment

M&A Media News North America

US – WPP Ventures has made a strategic investment in digital media company Woven Digital as part of its Series B funding which raised $18.5m.

California-based Woven Digital was founded in 2010 and targets the US millennial male market. It produces and distributes pop culture content to nearly 50 million monthly users through its three brands: Uproxx, Hitfix and BroBible.

It employs 130 people with offices in New York and Chicago.

@RESEARCH LIVE

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