Ozy Media, Inc. announced that it has received $35 million in funding from GSV Asset Management, LLC, Interlock Partners, Liontree Partners LLC, Atinum Investment Co., Ltd, Axel Springer Digital Ventures GmbH, Emerson Collective LLC, and other investors
November 31, 2019
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On November 1, 2019, Ozy Media, Inc. closed the transaction. The company announced that it has received $35,000,000 in the transaction. The company received $25,000,000 in its final tranche close led by Marc Lasry and included participation from Tom Franco, Don Gogel, Roberto Quarta, new investors Interlock Partners, Liontree Partners LLC, Atinum Investment Co., Ltd (KOSDAQ:A021080), returning investors Axel Springer Digital Ventures GmbH , and Emerson Collective LLC. The company has raised more than $70,000,000 in funding till date. As part of the transaction, Marc Lasry will join the board of directors of the company
Atinum Investment Co., Ltd is a Korea-based company principally engaged in the venture investment business. It mainly invests in information technology (IT) and communication, renewable and energy, bio and life science, materials and components, as well as media and contents industries. The Companyâs principal activities consist of venture support services, including the consulting of foundation procedures, start-up capital support procedures, tax and accounting, and government support policies; support services for its investment companies including business consulting services of technology trends, strategy plans, human resource plans, initial public offerings (IPOs), restructurings, mergers and acquisitions (M&As), market information and others, and international supports services such as overseas corporation investments as well as cooperative mutual investments of domestic and overseas corporations.
Ozy Media, Inc. announced that it has received $35 million in funding from GSV Asset Management, LLC, Interlock Partners, Liontree Partners LLC, Atinum Investment Co., Ltd, Axel Springer Digital Ventures GmbH, Emerson Collective LLC, and other investors