Media vertical is still a trend

The Verge parent company Vox Media refinancing 46.5 million U.S. dollars, General Atlantic, plus its 40 million dollars in the D round and the previous 35.6 million U.S. dollars, Vox media in the past six years has raised 110 million U.S. dollars, after the financing Vox Media valuations amounted to 380 million dollars.

Vox Media already has technology (The Verge), sports (SB Nation), games (Polygon) These vertical medium, but also new to the property (curbed), food (eater), Fashion (racked).

Vox Media CEO Jim Bankoff said the financing showed that investors were buying his way, "the industry is still developing vertically, and Vox represents a new content industry that is taking advantage of technological change." Magazines and newspapers have been overturned, and cable networks are the next object of subversion. I think investors see this opportunity. ”

It also launched a popular news reading Vox, run by the Washington Times's former editor Ezra Klein.

On the financing, Bankoff said it would spend on "expanding the existing business", while also forming a company's original advertising business. Meanwhile, Bankoff said Vox Media is close to break-even this year and is expected to make a profit by 2015.

Notably, Business Insider also completed a round of 12 million dollar funding this year, led by Amazon CEO Jeff Bezos, and BuzzFeed to 50 million dollars Andreessen Horowitz.

But while both BuzzFeed and Vox Media are claiming to be active users around the world for 1.5 billion months, the amount of money they share is similar, but they weigh differently in investors ' eyes. BuzzFeed has recently valued $850 million trillion, twice times more than Vox Media.