inquisitrlogo

Category: Technology Author : Duncan Riley Posted: July 17, 2009
Tags : ,

 
More money for blogs: SB Nation raises $8 million new round


sbnation2

SB Nation, the sports blog network founded in 2003 by DailyKos founder Markos Moulitsas has raised $8 million in a round led by Comcast Interactive Capital (CIC) that also included earlier investor Accel Partners.

SB Nation has over 200 blogs dedicated to American sports team and is built and run on the same custom platform used on DailyKos. The network 3.5 million visitors a month according to a direct measure at Quantcast, although page views are unknown.

CEO Jim Bankoff said in a statement that the company would use the money to :grow our investment in developing new and compelling ways for the very best authors to inform and connect with the audiences that share their passions.”

The new round takes total funding for SB Nation to $13 million.











Comments


One Archived Response to “ More money for blogs: SB Nation raises $8 million new round ”

  1. Pablo Mercado
    Jul 17, 2009

    Hello,

    Thanks for reporting on our new round funding. It is a very exciting step for us!

    I thought I would clear up just one minor error in this article: the SB Nation network of blogs is not built and run on the same platform used by DailyKos. Rather, it runs on a custom publishing platform that we built from the ground up to meet the specialized needs of our sports writers, leverage the strength of our communities, and facilitate advertising, partnership and integration opportunities.