TechMediaNetwork Secures $33M From ABS Capital

Law360, New York (September 26, 2011, 7:27 PM EDT) -- TechMediaNetwork Inc. said Monday it had secured a $33 million investment from ABS Capital Partners that will see two directors from the venture capital firm seated on the Utah-based science and technology content producer's board of directors.

Baltimore-based ABS Capital said the second-stage round of financing also involved Village Ventures and Highway 12 Ventures, two of TechMediaNetwork's existing backers.

“We have been searching for a leading technology-oriented Internet and mobile publishing business, believing that quality technology content attracts advertisers and e-commerce transactions,” said Ralph Terkowitz of...
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