Business

Report: NBC is Investing $250 Million in BuzzFeed

(Business Insider) – NBCUniversal is reportedly investing $250 million in BuzzFeed at a $1.5 billion valuation, according to Re/code’s Kara Swisher and Peter Kafka. BuzzFeed declined to comment on the report. Most recently, BuzzFeed raised a $50 million Series E round last summer, led by Andreessen Horowitz’s Chris Dixon. The Read More