Looks Like Our Friends Over At GigaOm Just Raised Another $2.5 Million

Robin Wauters

Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

Friday, October 22nd, 2010

Om Malik, well-respected journalist and founder of technology news blog network Giga Omni Media and its flagship blog GigaOm, broke the news about us being acquired by AOL about a month ago now.

We’re getting back at them today, even if just a little: looks like the publishing company just raised another $2.5 million according to an SEC filing, bringing the total of capital raised by Giga Omni Media to a healthy $8.33 million.

Update: GigaOm writes “Okay, We Got More Money”. You can get more details about the state of the company, future plans and its latest hires over there.

The most recent financing round amounted to $4.5m and was closed over two years ago.

The fresh capital injection comes from Alloy Ventures and True Ventures (the Silicon Valley early-stage venture firm where Malik is partner).

It comes at a time when GigaOm just lost senior writer and editor-at-large for NewTeeVee Liz Gannes to rival AllThingsD.

We’ve reached out to Om for comment on the financing round and what the company plans to do with the money. More acquisitions of smaller blogs, perhaps?

Company: Giga Omni Media
Website: gigaom.com
Launch Date: July 1, 2006
Funding: $14.3M

Founded in 2006, GigaOM has grown into the leading independent voice on emerging technologies and the disruption of media. The GigaOM news network’s online audience of 5.5 million monthly unique readers relies on its definitive coverage of cloud, mobile, cleantech, consumer web and media. GigaOM Events bring together the people innovating, shaping and defining the ongoing evolution of the technology industry. GigaOM Pro offers the highest quality research and analysis of emerging technology markets and the companies making a...

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