Tastemade, a US-based media company focused on travel, food and lifestyle content, has closed a $40m series D round featuring media company Scripps Networks Interactive and cable service Comcast.
The round was led by investment bank Goldman Sachs’ merchant banking division and also included TV and e-commerce holding firm Liberty Media, movie distributor Tohokushinsha Film, venture capital firm Redpoint Ventures and Raine Ventures, the VC branch of merchant bank Raine.
Comcast participated through its investment subsidiary, Comcast Ventures.
Founded in 2012, Tastemade operates a video platform with curated content from more than 1,000 users that write about food, travel and lifestyle. The company also produces its own video content and claims to reach more than 100 million viewers per month.
Tastemade previously secured $25m in a July 2014 series C round led by Scripps. Liberty, Comcast Ventures, Raine and Redpoint also contributed funds to the round.
Redpoint and Raine invested $10m in series B capital in August 2013, following a $5.3m series A round provided by Redpoint in March 2013.