Vice Media Raises $5.7B in Private

Vice Media has successfully raised $5.7B in a Private at a $7B valuation led by Private.

Company Overview

Vice Media is a Media company headquartered in 49 S 2nd Street, Brooklyn, NY 11249, founded in 2013 with 3000+ employees.

Digital media and broadcasting company

Fundraising Details

Amount Raised: $5.7B
Round Type: Private
Valuation: $7B
Date: 2024-01-01
Investors: Private

About Vice Media

Digital media and broadcasting company The company is positioned in the Media sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 49 S 2nd Street, Brooklyn, NY 11249
Founded: 2013
Team Size: 3000+
Industry: Media

What This Means

This funding round demonstrates strong investor confidence in Vice Media's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Media sector continues to attract significant investment as companies innovate to meet evolving market demands. Vice Media's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $7B valuation marks an important milestone for Vice Media, positioning the company among notable players in the Media industry.

Looking Ahead

With this new capital, Vice Media is well-positioned to execute on its growth strategy and continue building innovative solutions in the Media space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about Vice Media, visit their headquarters at 49 S 2nd Street, Brooklyn, NY 11249.