vc
media companies darling of VCs?
Filed in archive Venture Capital by tj on June 8, 2004
Who said the times of mega VC rounds are over? Apparently it can still be achieved. TechTarget has received stunning US$ 70 million from Technology Crossover Ventures and Polaris Venture Partners. The company looks pretty interesting as it does niche publishing, something I'm pretty much working with in the last months...


Here are some indicators:



  • Current member base of Enterprise IT professionals -
    2,874,748

  • Number of industry-specific Web sites for enterprise IT professionals
    19

  • Total monthly impressions
    42 million

  • Total monthly page views
    12 million

  • Average number of Webcasts produced each month
    50

  • Opt-in E-Newsletters sent each month
    70+

  • Number of invitation-only IT conferences
    10+

  • Number of sponsors and advertising customers
    1,500+



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Tags: media  growth  darling  companies  entrepreneurship  media+companies  companies+darling  venture+capital 
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