Podcast network Gimlet Media has raised another $5 million — this time from ad giant WPP

Yet another vote of confidence in podcasting — this time from the people who buy ads for a living: WPP, the biggest ad holding company in the world, has put $5 million in Gimlet Media, the Brooklyn-based podcast startup. This is an extension of the $15 million round Gimlet raised last month, which valued the company at $55 million pre-money; it brings the company’s total funding to $27 million. Read the recode article.