Hemisphere Media Group has contributed $5m to an $11m series A round closed by Latin-focused digital media company Remezcla, which had been bootstrapped since 2006.
US-based digital media company Remezcla has raised $11m in a series A round that included a $5m investment by Latin-focused broadcaster Hemisphere Media Group.
Macro Ventures, a media startup that creates content for African American, Latin and multicultural audiences, also participated in the round, as did angel investor Patrick Yee.
Founded in 2006 and bootstrapped until now, Remezcla has built a Latin youth-focused media brand that claims an audience of 40 million. It operates an online media platform together with…