Glam Media, a fashion and lifestyle Web site, has a trifecta of news today. It has received $18 million in Series C funding, CNET chairman Jarl Mohn is joining the company as an investor and strategic adviser, and there is a new partnership with Hearst Magazines to bring articles from their popular magazines, starting with Marie Claire, to Glam.com.
The funding was led by Duff Ackerman & Goodrich Ventures (DAG), with participation from existing investors Accel Partners, Draper Fisher Jurvetson, WaldenVC, and Information Capital. The money will be used to accelerate the growth of the network on the Web and expand the sales and editorial teams.
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Glam Media Gets $18.5 Million And A CNET Chairman