New investor A+E Networks plans to seek out synergies with the fashion media, e-commerce and events company, which is also backed by AOL, Hearst and CAA.
Beautycon, a US-based beauty media, event and e-commerce company, has received $9m in financing from investors including media company A+E Networks, TechCrunch reported on Monday.
Investment advisory firm Main Street Advisors also participated in the round, which TechCrunch stated was backed by a mix of family offices and new strategic investors.
Beautycon operates a business that combines a curated subscription service for cosmetics products, a social media offering and branded events. It is hiring a head of content to expand…