Gaming Network VENN Raises $26 Million in Funding Round

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Gaming network VENN unveils $26 million funding round

Gaming and entertainment news network VENN unveiled on Tuesday $26 million in Series A funding co-led by investors including BITKRAFT, Josh Kroenke and Nexstar Media Group.

"We’re proud to welcome Nexstar as an important strategic investor and exclusive local television partner as we leverage the national reach of their 197 television stations, related digital multicast signals, and expansive digital properties with over 100M MAU and 1B monthly page views in the United States."

Alongside the funding, Jeff Jacobs is joining VENN as evp and general manager, where he will focus on VENN's growth, content and business operations. He formerly served as the executive in charge of production at MTV.

 

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