Sports Platform Minute Media Raises $15M
February 14, 2017 | Minute Media, parent company of 90min and 12up, a leading contributor-driven sports media platform, announced today the closing of a $15 million investment round, bringing its total funding since inception to $60 million. The funding will serve to further boost Minute Media’s global expansion into new markets, introduce new sports brands, and expand the teams across the company’s London, New York, Tel Aviv, Tokyo, Singapore, Manila and São Paulo offices. The round was led by Qumra Capital, with participation from Minute Media’s existing investors: Battery Ventures, Dawn Capital and ProSieben. Minute Media allows fans to share their passion for the game with millions of other fans by creating articles, quizzes, slideshows, videos, listicles and other multimedia content to tell the stories behind the game, further integrating sports in to pop culture.