Media company Hearst Corporation takes a 20% stake in the UK-based design intelligence company, and separately one of its corporate venturing unit's portfolio companies raises a $20m round.
Media company Hearst Corporation has bought a 20% stake in UK-based design intelligence company Stylus Media Group for an undisclosed sum, as part of a strategic partnership.
Hearst backed the company on Wednesday last week, and Kenneth Bronfin, president of Hearst Interactive Media, will join Stylus’s board.
Bronfin said: "We have been quite impressed with the tremendous amount of progress that Stylus has made since its launch in terms of content development and brand-name client acquisition. We look forward to…
