About BUZZNET
BUZZNET is a company based in Los Angeles (United States) founded in 2005.. BUZZNET has raised $43.5 million across 3 funding rounds from investors including Focus Ventures, Anthem Venture Partners and NEA. BUZZNET has completed 1 acquisition, including Qloud. BUZZNET operates in a competitive market with competitors including Yandex, Brightly, Highsnobiety, LittleThings and Qutoutiao, among others.
- Headquarter Los Angeles, United States
- Stage Minicorn
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.5 M (USD)
in 3 rounds
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Latest Funding Round
$12.5 M (USD), Series C
Mar 19, 2009
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Investors
Focus Ventures
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of BUZZNET
BUZZNET has successfully raised a total of $43.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $12.5 million completed in March 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $12.5M
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First Round
First Round
(24 May 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2009 | Amount | Series C - BUZZNET | Valuation |
investors |
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| Mar, 2008 | Amount | Series C - BUZZNET | Valuation |
investors |
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| May, 2007 | Amount | Series B - BUZZNET | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BUZZNET
BUZZNET has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Focus Ventures, Anthem Venture Partners and NEA. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Expansion-stage investments in US tech and offline sectors are made.
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Founded Year | Domain | Location | |
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Early-stage tech startups in Southern California are invested in.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BUZZNET
BUZZNET has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Qloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Software, web, mobile development, and digital marketing services are provided.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BUZZNET
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buzznet Comparisons
Competitors of BUZZNET
BUZZNET operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yandex, Brightly, Highsnobiety, LittleThings and Qutoutiao, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Blog focusing on music, market, video, and other related topics
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| domain | founded_year | HQ Location |
Online platform offering diversified lifestyle news
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| domain | founded_year | HQ Location |
Online streetwear, sneaker, and lifestyle magazine and foundation focused on education investments for minorities
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| domain | founded_year | HQ Location |
Digital media platform with inspirational content
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| domain | founded_year | HQ Location |
Content is aggregated and personalized for mobile users via AI.
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| domain | founded_year | HQ Location |
Blogs on Hollywood, media, fashion, and related topics are published.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about BUZZNET
When was BUZZNET founded?
BUZZNET was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is BUZZNET located?
BUZZNET is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is BUZZNET a funded company?
BUZZNET is a funded company, having raised a total of $43.5M across 3 funding rounds to date. The company's 1st funding round was a Series B of $6M, raised on May 24, 2007.
What does BUZZNET do?
BUZZNET was established in 2005 in Los Angeles, United States, as an online platform in the digital media sector. Content focused on lifestyle topics, including entertainment, style, and music, is distributed to users. Operations center on news aggregation and delivery via the website buzznet.com. Revenue is generated primarily through display advertisements.
Who are the top competitors of BUZZNET?
BUZZNET's top competitors include Yandex, Brightly and Highsnobiety.
How many acquisitions has BUZZNET made?
BUZZNET has made 1 acquisition, including Qloud.
Who are BUZZNET's investors?
BUZZNET has 5 investors. Key investors include Focus Ventures, Anthem Venture Partners, NEA, Redpoint Ventures, and Sutter Hill Ventures.
What is BUZZNET's valuation?
The valuation of BUZZNET is $20M as of May 2007.
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