SPANFELLER MEDIA GROUP SECURES $5 MILLION IN SERIES C FUNDING
Positions Itself for Profitability and New LaunchesNew York, NY (February 8, 2013)—Spanfeller Media Group (SMG), led by renowned digital content innovator Jim Spanfeller, today announced that it secured $5 million in Series C funding at the end of 2012. This latest round was led by iNovia Capital, with participation from existing investors. SMG launched its first property, The Daily Meal (www.thedailymeal.com), in January 2011 and since then the property has become the fastest-growing culinary site of all time, now with over 7 million unique monthly visitors. SMG’s second digital platform,