About Digg
Digg is a company based in New York (United States) founded in 2004. It operates as a Two-Sided Marketplace. Digg has raised $49 million across 6 funding rounds from investors including SVB, Gannett and Digital Garage. Digg offers products and services including Digg Platform. Digg operates in a competitive market with competitors including BuzzFeed, Vix, Mashable, Ranker and Kumparan, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Digg Inc.
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Products & Services of Digg
Digg offers a comprehensive portfolio of products and services, including Digg Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for community connection and content discovery.
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Funding Insights of Digg
Digg has successfully raised a total of $49M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(28 Oct 2005)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Series C - Digg | Valuation | Gannett | |
| Nov, 2015 | Amount | Series C - Digg | Valuation |
investors |
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| Jul, 2011 | Amount | Series C - Digg | Valuation |
investors |
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| 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 Digg
Digg has secured backing from 17 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include SVB, Gannett and Digital Garage. 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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VC firm investing in seed & early stage companies in the US
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Founded Year | Domain | Location | |
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A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
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Founded Year | Domain | Location | |
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Early-stage tech startups are invested in by Residence Ventures.
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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 Digg
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
Financial Statements - Digg
| 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 |
Digg Comparisons
Competitors of Digg
Digg 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 BuzzFeed, Vix, Mashable, Ranker and Kumparan, 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 |
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| domain | founded_year | HQ Location |
Viral news and multimedia content are delivered online.
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Social news content is delivered in English, Spanish, and Portuguese.
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Digital culture, social media, and technology news are delivered online.
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Provides crowdourced rankings of various things
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| domain | founded_year | HQ Location |
Multi-category news is provided through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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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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Latest news on Digg
Frequently Asked Questions about Digg
When was Digg founded?
Digg was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Where is Digg located?
Digg is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Digg?
Todd Garland is the current CEO of Digg.
Is Digg a funded company?
Digg is a funded company, having raised a total of $49M across 6 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Oct 28, 2005.
What does Digg do?
A platform focused on authentic community engagement is provided by Digg. Emphasis is placed on human connection while leveraging technology. Content discovery and sharing of internet highlights are facilitated. The service targets users seeking meaningful interactions online. Currently, access is limited to invite-only beta participation.
What products or services does Digg offer?
Digg offers Digg Platform.
Who are Digg's investors?
Digg has 17 investors. Key investors include SVB, Gannett, Digital Garage, Blue Sky Uranium, and Omidyar Network.
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