Vertical content network Glam Media has received an investment from Mizuho Venture Capital, as well as a second round of investment from Germany's Hubert Burda Media — a company with which it strategically liaised in 2008.
In addition to Mizuho, the company's Japanese arm, Glam Media Japan KK, is enjoying infusions from Dentsu and ADK, publishers Shogagukan and Syueisya, and news/print pub NikkeiBP.
Total new investment in Glam is about $10 million and will be used in part to continue expanding in the US, as well as to reinforce operations in Japan and Germany. Glam's Japanese subsidiary, which launched five months ago, purportedly now reaches nearly two million unique visitors per month. Advertisers include Fendi Japan, MHD Diageo Moet Hennessy, Panasonic, Wacoal and NTT DOCOMO.
The company expanded into India earlier this year with the acquisition of AdaptiveAds, a startup based in Mumbai.