Blavity raises $6.5 million Series A round led by GV
Blavity, the digital lifestyle media company geared toward black millennials, recently closed a $6.5 million Series A round led by GV with participation from Comcast Ventures and others. GV Partner John Lyman and Cross Culture ventures’ Managing Partner Marlon Nichols will join Blavity’s board of directors.
This funding simply means more resources to invest in all of our brands: Blavity News, AfroTech, 21Ninety, Shadow & Act and Travel Noire. Most of the funding will go toward opening a new office in Atlanta that is strictly focused on engineering and data, DeBaun said. As part of that, Blavity intends to triple the size of its engineering team. Blavity currently employs 30 people full-time and has between 60-80 contractors across its five brands.
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