I’m very pleased to announce that Federated Media has closed its Series A financing, with JP Morgan Partners (JPMP) as the lead investor. All of FM’s seed investors – the Omidyar Network, The New York Times, and several angels (my post on the first round is here), have also participated in the round. We’re not disclosing the numbers involved in the funding, but we’re thrilled with the support that the new round brings to our company.
Congratulations to John Battelle and all the Federated Media team on closing its Series A financing. John has been slowly but surely building a network of influencers which vary from small, medium and large sites. FM is using this unique mix of thought leaders to redefine marketing metrics within media. Interesting times ahead.