RollUp Media raises seed funding from Arts Alliance
RollUp Media has secured EUR1.2m in funding from venture capital firm Arts Alliance and other investors, bringing total funding since its founding to EUR2m.
The new investment will enable RollUp Media, which publicly launched in the UK and Australia in May, to continue expansion of its service to help niche and independent publishers grow their businesses profitably, by providing a bespoke suite of platform, tools and services.
“We decided to invest in Rollup Media because they have identified clearly the needs of both independent publishers and the advertising community. This, together with a team highly experienced in both publishing and advertising, makes a compelling investment case,” says Joshua Green (pictured), investment director at Arts Alliance. “The company is poised to benefit from both the rapid growth in the independent publishing market and in the process of content-driven advertising.”
Ben Regensburger, chief executive of RollUp Media, says: “We are thrilled to be working with the Arts Alliance team, not least because of their successful track record in supporting the digital media industry and adding value to their portfolio companies. We’ve come a long way in a short time and securing the funding for further expansion ensures we will maintain our momentum.”
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