BuzzFeed raises another $50 million to fund expansion - Aug. 10, 2014

BuzzFeed just received another $50 million to help it become, in the words of one of the investors, "a preeminent media company."

The cash infusion, from the giant venture capital firm Andreessen Horowitz, is BuzzFeed's fifth round of funding. It easily eclipses the four prior rounds, which raised a combined $46.3 million.

BuzzFeed raises another $50 million to fund expansion - Aug. 10, 2014