Mevio Receives $10,000,000 New Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d1c2146-3caf-4188-b0cb-c75ecf96e4f6&Preview=1 - Date
3/7/2012 - Company Name
Mevio - Mailing Address
577 2nd Street San Francisco, CA 94107 - Company Description
MEVIO hosts networks of personality-driven episodic entertainment to best engage our customers-comprised of viewers, producers, advertisers and partners. MEVIO is one of the fastest growing entertainment sites on the web. - Website
http://www.mevio.com - Transaction Type
Debt - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The ORIX financing, which is composed of a $7 million term loan and $3 million revolving credit line, will enable Mevio, who is ranked in comScore’s top fifteen multimedia companies, to expand its production capabilities, grow their proprietary technology, and increase sales and marketing. - M&A Terms
- Venture Investor
Orix Venture Finance
