Say Media Announces $27 Million Funding Round
Digital publisher will focus on expanding its platform and acquiring properties
Say Media's new president Kim Kelleher now has some serious money to play around with.
This morning, Say Media announced a substantial $27 million funding round backed by New Enterprise Associates (NEA), Shea Ventures, and Correlation Ventures. Per the announcement, Say will use the sizeable influx of cash to bolster its publishing platform and expand the company's network of media properties.
Last week Say Media CEO, Matt Sanchez hinted toward making some new acquisitions in a conversation with Adweek and now it appears Sanchez and newly appointed president Kim Kelleher will have more resources to play with.
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