”Tastemade” The Popular food and Travel Network was Funded $ 40 million
Popular social networking website Tastemade announced that it was funded $ 40 million by under the leadership of Goldman Sachs. It is the fourth round investment for the Los Angeles-based initiative. It is planning that international expansion will accelerate by this funding.
Popular social networking website Tastemade announced that it was funded $ 40 million by under the leadership of Goldman Sachs. It is the fourth round investment for the Los Angeles-based initiative. It is planning that international expansion will accelerate by this funding.
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In 2012, Tastemade started as a food-oriented Youtube channel. The services expanded to Apple TV, mobile and social networking platforms successfully.Thus, it has become one of the world’s most popular initiative in its field.According to the data, the average of 100 million audiences is watching 1 billion videos in one month.Tastemade plans to strengthen the multi-platform strategy, and they want to deliver customized content to each of these platforms.
Tastemade focused on the US market so far. However, they will try to focus on localization starting the next year. For example, It is expressed that more than 100 billion times watched in Brazil. The venture seeks to become a global food and travel network by expanding to different markets particularly Brazil. Tastemade funded by Goldman Sachs, Redpoint Ventures, Comcast Ventures, Liberty Media and Scripps Networks. And the total investment is 80.3 million dollars, after the fourth round.
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Owen Castellanos
Owen Castellanos is the Hardware & Gaming Reporter at TrendinTech, where he tests graphics cards, processors, consoles and peripherals and follows the games industry, from the major publishers to independent studios. He previously wrote reviews and benchmarks for Tom's Hardware and contributed features to PC Gamer, covering everything from laptop testing to the economics of game development. Owen holds a Bachelor of Science in Electrical Engineering from the University of Texas at Austin and attends CES in Las Vegas, Computex in Taipei and the Game Developers Conference in San Francisco each year to meet chipmakers and developers. He writes for readers who want to know whether a product is worth the money, and he is not shy about saying when it is not.
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