Glam Media, a vertical advertising network, has raised its fifth round of venture capital – $50 million from aeris CAPITAL, a Switzerland and Silicon Valley based private equity fund. The company is not disclosing the valuation of the round, but it is rumored to be around $750 million.
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Glam Media On A Roll: Raises $50 Million In Private Equity At $750 Million Valuation Sawickipedia: WTF!?!?!? Don’t these investors look at comparables? Glam is an ad network. Those normally get valued at 3 to 5x rev. This crazy. |
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