About Multiply Media
Multiply Media is a company based in Boca Raton (United States) founded in 2003 was acquired by Naspers in September 2010.. Multiply Media has raised $28.94 million across 4 funding rounds from investors including Naspers, ABS-CBN Corporation and Octopus Ventures. The company has 20 employees as of December 31, 2021. Multiply Media has completed 1 acquisition, including Domino. Multiply Media operates in a competitive market with competitors including Webedia, Vox Media, Penske Media Corporation, Group Nine Media and Red Ventures, among others.
- Headquarter Boca Raton, United States
- Employees 20 as on 31 Dec, 2021
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Sectors
RetailMedia & Entertainment
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Phone
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Website
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Social
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- Legal Name Multiply Media, Llc
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Funding Insights of Multiply Media
Multiply Media has successfully raised a total of $28.94M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.34 million completed in June 2018. 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 4
- Last Round Series B — $2.3M
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First Round
First Round
(14 Jul 2006)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2018 | Amount | Series B - Multiply Media | Valuation | Octopus Ventures | |
| Nov, 2008 | Amount | Series B - Multiply Media | Valuation |
investors |
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| Sep, 2007 | Amount | Series B - Multiply Media | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Multiply Media
Multiply Media has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Naspers, ABS-CBN Corporation and Octopus Ventures. 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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Venture capital investment and support for founders in technology and health sectors.
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Founded Year | Domain | Location | |
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Portage is recognized as a global fintech investment platform.
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Founded Year | Domain | Location | |
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Venture capital firm
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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 Multiply Media
Multiply Media has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Domino. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Content, community, and commerce are integrated in home design platforms.
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2011 |
| 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 - Multiply Media
| 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 |
Multiply Media Comparisons
Competitors of Multiply Media
Multiply Media 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 Webedia, Vox Media, Penske Media Corporation, Group Nine Media and Red Ventures, 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 |
Multiple online media and lifestyle brands are owned and operated.
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Digital media publishing network
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Content on digital media corporations is published across multiple platforms.
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Digital-first media network
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Web development, digital marketing, and market analytics services are provided.
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| domain | founded_year | HQ Location |
Online news and digital services are provided in Portuguese.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Multiply Media
Frequently Asked Questions about Multiply Media
When was Multiply Media founded?
Multiply Media was founded in 2003 and raised its 1st funding round 3 years after it was founded.
Where is Multiply Media located?
Multiply Media is headquartered in Boca Raton, United States. It is registered at Boca Raton, Florida, United States.
Is Multiply Media a funded company?
Multiply Media is a funded company, having raised a total of $28.94M across 4 funding rounds to date. The company's 1st funding round was a Series B of $16.6M, raised on Jul 14, 2006.
How many employees does Multiply Media have?
As of Dec 31, 2021, the latest employee count at Multiply Media is 20.
What does Multiply Media do?
Multiply is a digital media network which own multiple brands. It engages and connects with readers through platforms like Answers the question and answer platform, Domino the stylish guide for life and home, and Fashion Beans the source of mens style advice.
Who are the top competitors of Multiply Media?
Multiply Media's top competitors include Webedia, Vox Media and Ziff Davis.
How many acquisitions has Multiply Media made?
Multiply Media has made 1 acquisition, including Domino.
Who are Multiply Media's investors?
Multiply Media has 7 investors. Key investors include Naspers, ABS-CBN Corporation, Octopus Ventures, Portage, and TransCosmos.