Mode Media is announcing that it has raised $30 million in new funding.
Previously known as Glam Media, the company ran the fashion site of the same name, as well as other online properties including Brash and Foodie. Last month, it brought all those sites together as Mode.com (although the individual brands still exist under the broader Mode umbrella) and launched a mobile app called Mode Stories.
On both the website and the app, users get a personalized stream of articles and videos based on the users and topics they follow. Arora estimated that the new properties are already seeing 25 million monthly unique visitors, with content published through the platform receiving 200 million monthly impressions. (Mode’s total network reached 154 million unique visitors in March, according to comScore, putting it in the top 10 for the United States.)
Founder and CEO Samir Arora said the lead investor…
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