The Huffington Post confirms $25M third round
Political news site The Huffington Post announced today that it has raised $25 million from Oak Investment Partners — significantly higher than the $15 million that was reported by the Times UK in late November. Kara Swisher of All Things Digital says the valuation was slightly less than $100 million.
This basically confirms what VentureBeat writer Eric Eldon guessed last month when the funding rumors surfaced: “Like PaidContent said, the funding isn’t closed and the amount… Continue Reading
Political news site The Huffington Post may or may not have raised $15 million
The Huffington Post, a popular political news site, has raised a $15 million third round of funding, according to The Times UK. The investor is Oak Investment Partners, PaidContent says it has confirmed, adding that the funding may be higher — and that the round may not be closed. But these reports are “stupid and false” and “wrong across the board” a source tells Silicon Alley Insider.
For what it’s worth, both PaidContent and Silicon Alley… Continue Reading