OATV-backed science and crafts content publisher Maker Media has suspended trading having previously raised $10m in equity and debt financing.
Maker Media, a US-based specialist magazine publisher and event organiser spun out of media company O’Reilly, has suspended trading and dismissed its workforce amid financial difficulties, TechCrunch reported on Saturday.
Founded in 2013, Maker markets engineering and technology-orientated content including books, events and magazine Make, the latter of which was first published in 2005. Its content caters to both children and adults, encouraging them to undertake do-it-yourself projects designed to be educational and fun.
Maker currently has some 200 events…