Deals

HuffingtonPost, politics blog site, raises $5M more to target elections

Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here!

HuffingtonPost, the politics site that doesn’t pay its writers a dime, has raised another $5 million in financing to ready itself for the elections, which could be a defining juncture for the site.

The round included all previous investors: Softbank Capital, Greycroft Partners, CEO and co-founder Ken Lerer and Bob Pittman’s Pilot Group, according to PaidContent. USA Today published a profile of the site’s other co-founder, Arianna Huffington, and mentioned the financing. The company has now raised a total of $10 million.

The company’s staff has grown from three to 43 full-time employees. The site has recently sprouted away from pure politics to include lifestyle, business, media and entertainment.


VentureBeat’s VB Insight team is studying marketing analytics... Chime in here, and we’ll share the results.