HuffPo Announces $25 Mil. for New Initiatives

The Huffington Post, which this year became one of the most popular online news outlets (as ranked by Nielsen) today announced that it has secured $25 million in funding from Oak Investment Partners, a venture capital firm based in Palo Alto, Calif.

As statement from the news/opinion site said it would “invest in its technology and infrastructure, increase its in-house advertising capabilities, and continue to expand its content offerings — including a new investigative journalism initiative and a rollout of local versions of The Huffington Post in select cities.”

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in