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		<title>Pop culture site Zimbio secures additional $8.9M</title>
		<link>http://paidcontent.org/2012/05/01/pop-culture-site-zimbio-secures-additional-8-9m/</link>
		<comments>http://paidcontent.org/2012/05/01/pop-culture-site-zimbio-secures-additional-8-9m/#comments</comments>
		<pubDate>Wed, 02 May 2012 01:15:18 +0000</pubDate>
		<dc:creator>Daniel Frankel</dc:creator>
				<category><![CDATA[menlo ventures]]></category>
		<category><![CDATA[zimbio]]></category>

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		<description><![CDATA[Zimbio, operator of pop-culture news websites Zimbio.com and StyleBistro.com -- which collectively reach about 30 million unique users per month -- gets a Series B round to add staff and launch new products. <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=207497&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p><a href="http://paidcontent.org/2012/05/01/pop-culture-site-zimbio-secures-additional-8-9m/zimbio2-2/" rel="attachment wp-att-207506"><img  title="Zimbio2" src="http://gigaompaidcontent.files.wordpress.com/2012/05/zimbio21.png?w=290&#038;h=225" alt="" width="290" height="225" class="alignleft  wp-image-207506" /></a>Entertainment news site operator <a href="http://www.zimbio.com/">Zimbio</a> has announced $8.9 million in Series B funding, money the company said will be used to add editorial staff, build a media sales team and fund upcoming product launches.</p>
<p>San Carlos, Calif.-based Zimbio operates, according to comScore, the fifth largest entertainment news site, Zimbio.com, and seventh biggest online fashion and beauty destination, StyleBistro.com, collectively reaching an audience of 30 million unique users a month.</p>
<p>The Series B round was led by Menlo Ventures, which also spearheaded an initial round of $6.9 million in funding for Zimbio back in August 2007. (The company was founded in 2006.)</p>
<p>The latest funding is a combination of equity and debt financing, with original investor Draper Associates, as well as Great Oaks Venture Capital, Fenwick &amp; West Investments and Comerica Bank also participating.</p>
<p>“This investment will facilitate development of new teams and technology at Zimbio and support its expansion into new markets,” said John Jarve, managing director of Menlo Ventures.</p>
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		<title>Zimbio Raises $6.8 Million First Round For &#8216;Wikizines&#8217;</title>
		<link>http://paidcontent.org/2008/10/06/419-zimbio-raises-68-million-first-round-for-wikizines/</link>
		<comments>http://paidcontent.org/2008/10/06/419-zimbio-raises-68-million-first-round-for-wikizines/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 06:57:43 +0000</pubDate>
		<dc:creator>Staci D. Kramer</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[community]]></category>
		<category><![CDATA[draper richards]]></category>
		<category><![CDATA[m&a & venture capital]]></category>
		<category><![CDATA[magazines]]></category>
		<category><![CDATA[media & publishing]]></category>
		<category><![CDATA[menlo ventures]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[paidcontent]]></category>
		<category><![CDATA[social-media]]></category>
		<category><![CDATA[venture capital]]></category>
		<category><![CDATA[wikis]]></category>
		<category><![CDATA[zimbio]]></category>

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		<description><![CDATA[Online "wikizine" company Zimbio has raised a $6.8 million first round led by Menlo Ventures, with Draper Richards participating, according&#8230;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=paidcontent.org&#038;blog=33319749&#038;post=140044&#038;subd=gigaompaidcontent&#038;ref=&#038;feed=1" width="1" height="1" />]]></description>
				<content:encoded><![CDATA[<p>Online &#8220;wikizine&#8221; company Zimbio has raised a $6.8 million first round led by Menlo Ventures, with Draper Richards participating, according to<a href="http://www.venturewire.com/" title=" Venture Wire"> Venture Wire</a> (via <a href="http://venturebeat.com/2008/10/03/zimbio-raises-68m-for-online-magazines/" title="VentureBeat">VentureBeat</a>). The Redwood City, Calif. company provides the technology and network for the creation of community-produced interactive magazines. <a href="http://www.zimbio.com/Zimbio/articles/563/Zimbio+Tops+6+000+000+Monthly+Visitors+July" title="Zimbio claimed">Zimbio claimed</a> 6 million-plus uniques in Julky based on Google (NSDQ: GOOG) Analytics. </p>
<p><b>Update</b>: This is an odd situation &#8230; Zimbio did raise this round but it was last year. The company can&#8217;t figure out why it&#8217;s been picked up now and neither can we. We regret not having the news then but we&#8217;re glad to be able to add it to our database now.</p>
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