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FM Financing

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.

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Listed below are links to weblogs that reference FM Financing:

» Battelle's FM Publishing closes funding round from Boing Boing
Congrats, John! 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'... [Read More]

» John Battelle's FM Publishing scores angel funding from SiliconBeat
John Battelle, who has become somewhat of a guru on the search engine industry, while writing a must-read blog about that sector, has raised a round of angel money for his new company, FM Publishing. Battelle previously founded The Industry Standard, a... [Read More]

» With Angels Like These, Who Needs God? from pc4media
John Battelle landed some major angels: 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 didn't know NYT was in the business of micro-financing. So, John, [Read More]

Comments (12)

Congratulations, John!

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!

Eric Savitz:

I toss a Kudos bar in your general direction...I look forward to writing about your IPO some day. Congratulations!

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 ;)

fred:

congratulations john!

ale:

wtg! congrats.

Jonathan Trenn:

John -

Congratulations and best of luck. Look forward to watching your business grow.

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/ ?

Eldraco Rose:

I have a great idea for a magazine and I would love to share my idea with some potential investors.

Francis Ho of Panorama Capital told me over breakfast that they've completed a Series A round in Federated Media...

i will tell you later,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

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.

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