Woman’s network Glam raises $84.6 million at half a billion valuation, Adconion raises $80M
Glam Media, the controversial and fast-growing advertising and content site for women, will announce tomorrow (Monday) that it has raised $84.6 million in financing, at a whopping post valuation of half a billion dollars.
Separately, another ad network, Adconion, based in Germany (our previous coverage of the company), has raised $80 million from Wellington Partners and Index Ventures.
Silicon Valley-based Glam has created bewilderment in the advertising industry, because it has been racking up publishers as customers of its… Continue Reading