I'm proud to announce that FM has closed an angel round of financing featuring an extraordinary lineup of investors. Omidyar Network led the round, with The New York Times Company and Mitchell Kapor, Andrew Anker, Mike Homer, and Tim O'Reilly also participating.
I'm honored by the support of these great people, and humbled by the combined experience they represent. Most have been partners and friends over many years, and they all lend insight to the FM model, whether it's Omidyar's philosophy of profiting by doing good, the Times unparalleled experience in high-quality publishing, Mitchell's roles at the EFF, OSAF, and more, and Andrew, Mike, and Tim's collective wisdom in starting, running, and guiding businesses over the past 20 years.
Now that the financing is done, it's time to get down to building the business....stay tuned for more news soon.



Comments (12)
Congratulations, John!
Posted on June 16, 2005 14:39
nice job... looking forward to seeing how the ad network shapes up. We're open to having our blogs in the buddles of sticks... if you'll have us!
Posted on June 16, 2005 14:46
I toss a Kudos bar in your general direction...I look forward to writing about your IPO some day. Congratulations!
Posted on June 16, 2005 16:38
Congrats John! Money makes lots of things possible.
If you want to take a look at a weblog network that's already up, running, and growing rapidly, take a peek at The 9rules Network.
Hit me up some time if you ever want to chat about how to compete with us ;)
Posted on June 16, 2005 17:01
congratulations john!
Posted on June 16, 2005 18:43
wtg! congrats.
Posted on June 17, 2005 02:09
John -
Congratulations and best of luck. Look forward to watching your business grow.
Posted on June 18, 2005 08:28
Congrats John! I think the concept you describe here can be very succesful. Really interested in the details of the BM as weel. In what way is FMpub different/similar to http://corporate.weblogsinc.com/entry/1016914146856668/ ?
Posted on June 23, 2005 00:54
I have a great idea for a magazine and I would love to share my idea with some potential investors.
Posted on December 19, 2005 10:34
Francis Ho of Panorama Capital told me over breakfast that they've completed a Series A round in Federated Media...
Posted on March 14, 2006 16:18
i will tell you later,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Posted on March 24, 2006 04:36
I love the idea of updating your followers of developments in your company using a blog. People are naturally curious to watch a company form and build from the ground up. You're on to a great concept and you'll do very well. Looking forward to advertising.
Posted on April 14, 2006 15:39