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Recently Funded|Amount: USD 49.0M|Industry: Book and Periodical Publishing
Forbes Media Secures $49M to Fuel Global Business, Technology, and Innovation
Forbes

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Forbes Media, a worldwide leader in media, branding, and technology, is delighted to announce a major funding milestone with a recent capital raise of $49 million. This significant investment is set to propel Forbes’ mission of delivering unparalleled business news, insights, and analysis to its vast global audience of over 94 million monthly readers. As a trusted source of information on business, investing, technology, entrepreneurship, leadership, and affluent lifestyles, Forbes operates a multifaceted portfolio including Forbes, Forbes Asia, Forbes Europe magazines, Forbes.com, and 37 licensed local editions, ensuring a broad reach that resonates across cultures and continents. The infusion of capital will primarily be dedicated to accelerating digital expansion, enhancing content quality, and investing in innovative technology that ensures richer and more interactive user experiences across Forbes’ multiple platforms. Moreover, a portion of the funds will support strategic initiatives in conferences, research, and educational offerings, strengthening Forbes’ position as not only a media powerhouse but also a dynamic facilitator of business growth and thought leadership. This funding comes at a pivotal time as the company continues to adapt to rapid technological advancements and shifting media consumption trends, reinforcing its commitment to staying at the forefront of media innovation. Forbes Media remains steadfast in fostering diversity and inclusion throughout its operations, underscored by its status as an equal opportunity employer. With renewed financial backing, Forbes is more ready than ever to empower its audience with expert insights and transformative ideas, further cementing its legacy as a beacon of excellence in the global media landscape.
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