Jungle Interactive gets $9.5 million
Jungle Interactive Media said Monday it received a $9.5 million second round of funding. Kingdon Capital served as lead investor, with a $5 million investment, and early investors Korn/Ferry and Ridgewood Capital also participated in the second round. The publisher of MBA Jungle and JD Jungle magazines has received a total of $14 million in financing and does not expect to raise further rounds. The New York-based company said MBA Jungle, which launched last September, became profitable as of its May issue.
Jungle Interactive Media said Monday it received a $9.5 million second round of funding. Kingdon Capital served as lead investor, with a $5 million investment, and early investors Korn/Ferry and Ridgewood Capital also participated in the second round. The publisher of MBA Jungle and JD Jungle magazines has received a total of $14 million in financing and does not expect to raise further rounds. The New York-based company said MBA Jungle, which launched last September, became profitable as of its May issue.