DevHub Creator Snags $1.5 Million Investment
Wednesday, November 25th, 2009
EVO Media Group picks up investment from private equity group and angel investors.
EVO Media Group, Inc., the company behind web site building platform DevHub, has secured a $1.5 million investment. In addition to an undisclosed private equity group, investors include a number of angels: Geoff Entress of Voyager Capital, John Cunningham of Clearfir, Alex Algard CEO of WhitePages.com, Jeff Schrock of Intel Capital, Richard Wolpert (former President of Disney Online). Many from this group have backed successful Seattle ventures in the past, most recent of note include BuddyTV and Pet Holdings (the group behind ICanHasCheezburger and FailBlog).
DevHub SVP Strategic Marketing/Co-Founder Mark Michael told me via email “We are ready to grow this into a huge media company!”
The company already began expanding its office space last month. It’s looking to hire more developers, too.
Epik founder Rob Monster was an original investor in EVO. The DevHub platform is the basis for Epik’s network of web sites.
Related posts:
- DevHub Creator Turns Profitable
- DevHub Inks Agreement with eNom, Tops 100,000 Sites
- DNW Radio – DevHub Founders
Tags: devhub
DevHub Creator Snags $1.5 Million Investment – http://tinyurl.com/ycwtbqd
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