Taiwan-based media startup The Information Lens raises Collection C for its worldwide development plans – TechCrunch
The Information Lens launched in 2013 as an impartial information web site for Taiwanese readers disenchanted with the nation’s tabloid-ridden media. Now it has 9 million month-to-month distinctive readers, places of work in Taipei and Hong Kong and simply introduced it has raised a Collection C. The Taipei-based startup didn’t disclose the precise quantity of the spherical, however founder and CEO Joey Chung advised TechCrunch it’s between $three million to $four million.
The spherical consists of participation from Dorcas, Hazel Asset Administration, Walden Worldwide and returning investor North Base Media. Particular person traders within the spherical embrace Steve Chen, co-founder and former chief expertise officer of YouTube, Twitch co-founder Kevin Lin and Charles Huang, the co-creator of Guitar Hero.
On the very starting, The Information Lens was a Fb web page that shared information and evaluation earlier than launching its eponymous web site with authentic content material and movies. Now the startup envisions its future as a media group, with a number of manufacturers. Earlier this 12 months, The Information Lens acquired two Taiwanese content material producers, tech information web site Inside and sports activities web site Sports activities Imaginative and prescient, which nonetheless function as separate manufacturers. The Information Lens’ two different verticals are its flagship information web site, which now has Chinese language-language editions for Taiwan, Hong Kong and Southeast Asia, in addition to an English model for worldwide readers, and ELD, which covers way of life and style.
The Information Lens will use a few of its new capital to launch its in-house content material administration and information analytics platform and plans to realize extra worldwide readers by means of strategic partnerships or acquisitions of different Chinese language-language on-line media firms.