Wednesday, December 3, 2014

Next Issue Media Finds $50M For Digital Magazine Service

Menlo Park-based Next Issue Media, which operates an online service which gives consumers unlimited access to over 140 different magazines in digital format for just $9.99 a month, has raised $50M in a funding round. The funding came from KKR. According to Next Issue Media, the funding goes towards further development of its digital magazine platform. Next Issue Media is led by Morgan Guenther.