Online publisher Ziff Davis Enterprise raises $20 million from Bessemer
Ziff Davis Enterprise, a publisher of technology business news sites like eWeek and CIOInsight.com as well as other resources for IT departments and software developers, has raised $20 million from Bessemer Venture Partners.
The company, which was bought by private equity firm Insight Venture Partners last July, says it is looking to make acquisitions and further develop its efforts in what it vaguely describes as “audience development, social media, and contextual content.”
In case you were wondering about the many companies that contain the name Ziff Davis, there’s also the bankrupt Ziff Davis Media company, and separately, Cnet’s ZDnet.com.
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About the Author, Eric Eldon
Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.