Allison Goldberg, managing director and vice-president at Time Warner Investments, the corporate venturing unit of the US-listed media group, has done more than many to support New York City’s burgeoning venture ecosystem. This has been recognised by the media company in her promotion to lead Time Warner Investments after the retirement of Rachel Lam this year.
She has maintained Lam’s policy of actively supporting companies. Since January, Time Warner has backed online news publisher Mic’s $21m C round and female-focused online media company Bustle’s $12m D round, and led a $27m B round for virtual reality company 8i.
Goldberg is a director at Bustle and her other board or observer roles include Dynamic Signal, which raised $25m, Joyus, which raised $24m in June 2015, Mashable, which raised $17m in its B round in 2015, and YieldMo, which raised $10m in October 2014.
Previous investments include Visible World, acquired by Comcast, Adify, later sold to Cox, AdMeld, later sold to Google, Bluefin Labs, later sold to Twitter, Everyday Health, now listed publicly, MediaVast, later sold to Getty Images and Tremor Video, which is also public.
Goldberg joined Time Warner in 2001 after a year as a venture capital associate at Groupe Arnault, having jumped from media investment banking at Morgan Stanley during the dot.com years after graduating in economics and finance at Wharton School.
