With fresh investment, BuzzFeed expands anew


  • TECH
  • Tuesday, 12 Aug 2014

EXPANSION: The social news group BuzzFeed unveiled a major new expansion plan, using a fresh infusion of US$50mil (RM159.82mil) in venture capital.

WASHINGTON: The social news group BuzzFeed unveiled a major new expansion plan, using a fresh infusion of US$50mil (RM159.82mil) in venture capital. 

Andreessen Horowitz, the big Silicon Valley venture group, announced late Sunday it is investing US$50mil (RM159.82mil) in BuzzFeed and that one of its partners, Chris Dixon, will be joining the company's board. 

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