This investment is an opportunity to further accelerate this inherent growth and the strategic development of our content and commerce platform.
Ogden-based Purch has raised a $135 million Series C funding round led by Canso Investment Counsel.
Known as one of the leading digital tech publishers in the United States, Purch (formerly TechMediaNetwork) plans on using the funding round specifically for new acquisitions, a list that has been growing and growing over the past few years.
“Purch’s model is shaping the future of digital publishing and our consistent profitability and growth is an affirmation that it’s working for consumers, marketers, and investors,” Greg Mason, CEO of Purch, said in a statement. “This investment is an opportunity to further accelerate this inherent growth and the strategic development of our content and commerce platform. Purch brands are laser-focused on making buying decisions easy for consumers and businesses through expert product analysis, user opinions, and convenient purchase options. This focus has made Purch the destination for not only decision-making, but the purchase itself, which allows us to pull ahead of other tech publishers in scale, influence, and value delivered to marketers.”
Published 6/2/2015
