Time Warner Investments has invested in millennial women-focused media company Bustle for a fourth time, helping to raise its overall funding to almost $40m.
US-based, female-focused digital media company Bustle has received $11.5m in funding from investors including media and entertainment group Time Warner, which participated in the round through its Time Warner Investments subsidiary.
Investment firm Saban Capital Group led the round, which also featured venture capital firms GGV Capital, General Catalyst Partners and Social Capital.
Founded in 2013, Bustle runs a digital media platform aimed at millennial women and claims to get more than 45 million monthly unique visitors.
The company, which…
