Tastemade Raises Another $40 Million for Its Booming Food-Video Business

Tastemade has had quite a year. The company, known for its quirky short-form videos about food, travel and lifestyle topics, hit the 100 million monthly active users mark, with more than 1 billion monthly views. On Facebook alone, Tastemade grew its audience from around 100,000 fans to more than 5.7 million. This year, the company joined Apple TV—the only food and travel channel on the platform—linked up with Facebook's Anthology and Suggested Videos, partnered with Spotify on the streaming music company's video service, and landed one of the 15 prized spots on Snapchat's Discover platform. As Tastemade, which was founded in 2012, heads into its fourth year, it will do so with deeper pockets. The video publisher announced this morning it has closed a $40 million Series D funding round led by Goldman Sachs, with participation from existing investors Redpoint Ventures, Raine Ventures, Comcast Ventures, Liberty Media, Scripps Networks Interactive, and Tohokushinsha Film Corporation. Tastemade had previously raised $40 million, bringing the total funding to $80 million. With the extra cash in hand, Larry Fitzgibbon, one of Tastemade's co-founders, wants to continue Tastemade's momentum, especially when it comes to working with brands. "All of that work has culminated into us reaching the exact consumer we thought we would at a scale we thought we would as well," said Fitzgibbon. "We are truly becoming the brands for our categories for that audience." Fitzgibbon noted... Continue reading at 'AdWeek'

[ AdWeek | 2015-12-17 00:00:00 UTC ]
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Louis Sachar returns to wacky Wayside School more than 40 years after ‘Sideways Stories’

“It was a challenge to see if I still had Wayside School inside me,” the author says. It turns out, he did. Continue reading at The Washington Post

[ The Washington Post | 2020-02-26 13:00:00 UTC ]
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Louis Sachar returns to wacky Wayside School more than 40 years after ‘Sideways Stories’

“It was a challenge to see if I still had Wayside School inside me,” the author says. It turns out, he did. Continue reading at The Washington Post

[ The Washington Post | 2020-02-26 13:00:00 UTC ]
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Pearson Earned £65 Million In Profits from Its PRH Stake in 2019

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Global revenues dip at S&S but UK business sees 'turning point'

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HQ signs Williams' business manifesto Millennial Black

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He raised his son to love wild places. Then his son disappeared.

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[ The Christian Science Monitor | 2020-02-12 23:38:32 UTC ]
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He raised his son to love wild places. Then his son disappeared.

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[ The Christian Science Monitor | 2020-02-12 23:38:32 UTC ]
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Poetry and Food, by Dustin Pickering

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Steal This Idea: Winsight’s Restaurant Business Implements “Content Cycles”

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How Hearst is building an ‘experiences’ business

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Tremor International to Buy Video Ad Platform Unruly from News Corp

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