Glam Media lands $10M for U.S. growth

By Mass High Tech staff

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Glam Media Inc., the U.S. parent company of Glam Media Japan KK and Glam Media Germany, has received a total of $10 million to expand its online vertical content network further into the U.S. The company develops a new media model that links advertisers to target vertical audiences online.

The company reported that the $10 million investment, from Mizuho Bank subsidiary Mizuho Venture Capital of Japan, will also contribute to its global growth in Japan and Germany.

Glam Media Japan KK has also pulled in additional investment, of an undisclosed amount, from Mizuho, as well as news publisher NikkeiBP, ad agencies Dentsu Inc. and Asatsu-DK Inc., and magazine publishers Shogagukan and Syueisya. Mizuho will also make a minority investment in Glam Media Japan KK, which the company said lands about two million unique visitors per month.

Glam Media Germany launched in July of 2008.

Glam Media maintains U.S. headquarters in New York and California. It also has U.S. offices in Chicago, Dallas and Los Angeles, as well as global offices in London, Munich, Berlin and Tokyo.

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