Purch Raises $135M To Grow Online Publishing Empire

Purch, the online publishing company with offices in Culver City that owns Tom's Guide, TopTenReviews, Laptop, and other online publications, has raised $135M in a Series C funding round. The funding was led by Canso Investment Council, and included both equity and debt. The company--until recently known as Tech Media Network--said the funding goes towards strategic acquisitions. Tech Media Network acquired LA's Bestofmedia Group, the publisher of Tom's Hardware, Tom's Guide and Tom's IT Pro online, back in 2013. More information »