Melty keeps its cool with $11.2m

Dec 2, 2015 • Thierry Heles

Youth-focused media provider Melty raised the cash from investors including AccorHotels and existing backer Bouygues Telecom.

France-based media company Melty has raised €10.5m ($11.2m) from backers including hotel chain AccorHotels and Bouygues Telecom Initiatives, telecommunication firm Bouygues Telecom’s corporate venturing arm, Tech.eu has reported.

The round was led by venture capital firm Jaina Capital, and also included VC firm Serena Capital and angel investor Patricia Barbizet.

Melty operates a range of 32 websites and apps aimed at young adults aged 18 to 30, covering topics such as film and TV, news, fashion, food and student life.

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